Question NW3915 to the Minister of Sport, Arts and Culture
12 December 2023 - NW3915
Joseph, Mr D to ask the Minister of Sport, Arts and Culture
(1)(a). What are the relevant details of the National Arts Council’s (NAC) surplus funds policy, (b) did the NAC request a National Treasury approval in the past eight financial years for surplus funds (details furnished); (2). What are the provisions that the amendment of the expired projects and unclaimed funds policy and the promulgation of the standard operating procedures rely on in compliance with the various legislative requirements stipulated in the Report of the Public Protector (details furnished), considering that the policy and the standard operating procedures are not yet promulgated?
Reply:
(1). The NAC complies with the National Treasury and applies annually to retain any surplus incurred during the year. The approval to retain surpluses was granted by the National Treasury except for the financial years for period ending 2021, 2022 and 2023, where the NAC incurred a deficit.
(2). The provisions in terms of the various legislative requirements and the Standard operating procedures are stipulated in section 4 of the Expired and Unclaimed Policy. These are:
