Hon Chairperson and hon member, we also agree that the SABC is a public broadcaster that needs to be supported. Hence the adjustment of R200 million in order to fund its liquidity, which will be controlled by the Department of Communications on its monthly management accounts. On a monthly basis we will check that it spends the money that has been allocated to it.
No new contracts will be allowed without the Minister's sanction, which are worth more than R1 million. We are appointing a new CEO who has 25 years' experience and an acting CEO. Currently there is no CEO. We are working with the interim board, the task team and Treasury to ensure that the money that SABC got through the adjustment is well spent. On the shortfall, the SABC is currently engaging with Treasury, trying to get a government guarantee. [Interjections.]