(1) A special fund shall be closed by the Minister on the occurrence of the following —
(a) the money approved by Parliament for the special fund is exhausted;
(b) if the Minister receives a report from the responsible Minister to indicate that the purpose for which the special fund was established has been fulfilled or no longer exists and, in the opinion of the Minister, there is no likelihood that a purpose for which that special fund could lawfully be used will arise in the future; or
I the term specified in the Resolution of Parliament for the special fund has expired.
(2) The Minister shall, within 30 days of the date of the closure of a special fund under subsection (1), cause the closure of a special fund to be published in the Gazette.
(3) A credit balance in a closed special fund shall immediately be transferred to the Consolidated Fund.