. GOVERN hlEXT GAZETTE. 3 DECENIBER 1997 N(J. 1 X489 XATIONA1. FILhl AND VIDEO F()[INDAT1()N ACT. I W7 Act No. 73, 1997 ACT To establish a juristic person to be known as the National Film and Video Foundation; to determine its objects, functions and method of work; to prescribe the manner in which it is to be managed and governed; to regulate its staff matters and financial affairs; and to provide for matters connected therewith. (A frikaan,f texl si,~ned b) the Prc.yidcfzt. ) (Assented to 26 November 1997. ) B E IT ENACTED b) the Parliament of the Republic of Sou[h Africa. m follows:- Definitions 1. In this Ac(, unless the context indicates otherwise(i) “chief executive officer” means the chief executive oficer appointed in temls 5 of section 13(1); (iv) (ii) “Council” means the Council contemplated in section 6; (vi) (iii) “Director-General” means the Director-General: Arts, Culture. Science and Technology; (ii) (iv) “executive committee” means the executive committee established in terms 10 of section 9; (ix) (v) “financial year” means the period from 1 April in any year to 31 March in the following year; (i) (vi) “Foundation” means the National Film and Video Foundation established by 15 section 2; (viii) (vii) “Minister” means the Minister of Arts, Culture. Science and Technology: (v) (viii) “prescribed” means prescribed by regulation: (x) (ix) “regulation” means a regulation made under this Act; (vii) (x) “this Act” includes the regulations, (iii) Establishment of Foundation 20 2. There is hereb> established a juristic person to be known as the National Film and Video Foundation. Objects of Foundation 3. The objects of the Foundation are— 25 (a) to develop and promote the film and video industry; (b) to provide. and encourage the provision of, opportunities for persons. especially from disadvantaged communities. to get involved in the film and video industry; (c) to encourage the development and distribution of local film and video 30 products; (d) to support the nurturing and development of and access to the film and video indust~; and (<) in respect of the film and video industry, to address historical imbalances in the infrastructure and distribution of skills and resources. Functions of Foundation 4. (1) Subject to subsection (3) and in order to achieve its objects. the Foundation may— 35