The Pamphlet Collection of Sir Robert Stout: Volume 83
(7.) Board Fund
(7.) Board Fund.
Board to make annual estimate of moneys required for current year.
|(1.)||From moneys payable by Government in respect of the average daily attendance of children as hereinbefore provided:|
|(2.)||From moneys in any manner whatever received or to be received by the Board.|
The Board shall regulate its expenditure upon the basis of the estimate so made, and a copy thereof shall be transmitted to the Minister.
Provision for deduction from grants in aid in certain cases.
No such deduction shall be made in respect of moneys received from such special endowments as are mentioned in section fifty-two of this Act.
Funds of Boards.
Board Fund, of what to consist.
|(1.)||Grants from the Consolidated Fund.|
|(2.)||Rents and profits derived from property or endowments vested in the Board.|
|(3.)||Special endowments or grants for particular purposes.|
|(4.)||Special fees for higher education.|
|(5.)||Any other moneys which the Boaad may receive from donations, subscriptions, or otherwise.|
Disposal of fund.
|(1.)||For the payment of salaries and other expenses connected with the carrying on of the business of such Board;page 16|
|(2.)||For the expense of purchasing or renting school sites, playgrounds, and buildings, or for erecting, fitting up, and improving school buildings;|
|(3.)||For the payment of teachers' salaries;|
|(4.)||For the maintenance and education of pupil-teachers;|
|(5.)||For grants to Committees for general educational purposes;|
|(6.)||For subsidizing school libraries;|
|(7.)||And generally for the payment of all expenses necessarily incurred by such Board or any Committee under their supervision in the carrying out of any of the provisions of this Act :|
Provided always that no Board shall be liable for the payment of any expenditure incurred by any Committee or teacher, unless such expenditure shall have been previously sanctioned by such Board.
Accounts to be kept.
It may be provided by regulations that Boards shall keep general and special accounts in such convenient form as may be thought fit.
Accounts to be audited.
Copies of all such accounts, when audited, shall be furnished to the Minister.