No. 2532 Government Gazette 17 May 2001 47 (c) shall invest the moneys of the Fund which is not required for immediate use; (d) shall keep or cause to be kept such accounting and related records as are necessary to fairly represent the transactions and financial position of the Fund; (e) shall not later than three months after the end of each financial year cause the accounting and related records of the Fund to be audited by any person registered in terms of the Public Accountants’ and Auditors Act, 1951 (Act No. 51 of 1951), as an accountant and auditor, and appointed by the Board; (f) shall within six months after the end of any financial year of the Fund submit the auditor’s report as well as a report on the activities of the Board and of any committee of the Board during that financial year to the traditional authority concerned; (g) may, on behalf of the Fund, sign any document relating to the Fund; (h) (i) (ii) may subject to such conditions as the Board of Trustees may determine, delegate or assign any of the Board’s powers or duties to the secretary of the Board, an office-bearer elected in terms of regulation 9(3) or a committee established under regulation 11 and may withdraw or vary any delegation or assignment, but shall not be \ divested of any power or duty so delegated or assigned; may vary or set aside any decision so taken by the secretary of the Board, an office-bearer or any committee in the exercise of any power so delegated to him or her or it; (i) shall, generally, take such steps as are necessary for the attainment of the purposes for which the Fund was established. Committees of Board of Trustees 11. (1) A Board of Trustees may (a) from time to time establish any committee to assist or advise that Board in the exercise of any of its powers or the performance of any of its duties, and may, for such period as the Board may determine, appoint such members of the Board or other persons thereon as it page 47