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Section 14: Funds of the Corporation
Uganda Broadcasting Corporation Act
Point-in-time consolidation · as at 20 May 2005. This non-pilot lookup is excluded from search indexes pending a deterministic currency check. Verify against the latest Uganda Gazette before relying on it.
Consolidated text
(1) The funds of the Corporation shall consist of-
(a) any grant of a capital nature from the Government;
(b) any loan from the Government, organizations or any person;
(c) any moneys that may become payable to the Corporation in the discharge of its functions
and commercial activities;
(d) donations that may be made to the Corporation;
(e) television viewing licence fees and advertising revenue.
(2) All income and moneys of the Corporation shall be deposited into the bank account of the
Corporation in a bank approved by the Board, and shall only be withdrawn in accordance with the manner prescribed by the Board.
Source: laws_africa.