42 Government Gazette 17 May 2001 No. 2532 and in verification of the information contained in such application, be signed by the Governor of the regional council of the region in which the traditional community is situated. Notification of appointment of senior traditional councillors, traditional councillors and secretary 3. Where a chief or head of a traditional community (a) appoints or causes to be elected under subsection (1) of section 10 of the Act a senior traditional councillor or traditional councillor, he or she shall notify the Minister as required by subsection (4) of that section in the form prescribed by Annexure B; (b) appoints under section 10(3) of the Act a secretary of the traditional authority, he or she shall notify the Minister thereof in the form prescribed by Annexure C. PART III MANAGEMENT OF COMMUNITY TRUST FUND Moneys of Community Trust Fund 4. (1) A Community Trust Fund shall consist of (a) moneys raised (whether by means of donations, grants or otherwise) as contemplated in section 3(3)(a) of the Act; (b) contributions made in terms section 18(3) of the Act; (c) interest derived from investments made in terms of regulation 10. (2) The moneys of a Community Trust Fund shall be utilized by its Board of Trustees in accordance with estimates of expenditure approved by the Board, but any moneys raised as donations or grants under section 3(3)(a) of the Act or received as contributions made under section 18(3) of the Act shall be utilized, in the case of(a) a donation or grant, in accordance with the conditions of the donation or grant; (b) a contribution, for any of the purposes contemplated in section 18(3)of the Act. (3) The financial year of a Community Trust Fund shall end on 31 March in each year. page 42

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