Auditing Profession Act, 2005 (Act No. 26 of 2005)Chapter II : Independent Regulatory Board for AuditorsPart 6 : Funding and financial management of Regulatory Board25. Funding |
The Regulatory Board is funded from—
(a) | the collection of prescribed fees; |
(b) | all other monies which may accrue to the Regulatory Board from any other legal source, including sanctions imposed by the Regulatory Board; and |
(c) | moneys appropriated for that purpose by Parliament. |