Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)

16. Accounts and audit

Purchase cart Previous page Return to chapter overview Next page

 

(1)The board shall cause proper books of account to be kept, and shall also cause to be kept all necessary books and records in relation thereto.

 

(2)An annual report on the financial status and the achievement of the objects of the Bank shall be published by the board.

 

(3)The books of account of the Bank shall be audited by a person registered in terms of section 15 of the Public Accountants’ and Auditors’ Act, 1991 (Act No. 80 of 1991).