Local Government: Municipal Demarcation Act, 1998 (Act No. 27 of 1998)Chapter 3 : Administrative and other mattersPart 2 : Finances of Board39. Accountability and reporting |
| (1) |
| (a) | The Board is accountable to Parliament and must annually submit to both Houses of Parliament a written report on the activities of the Board during a financial year. |
| (b) | A copy of the report must also be submitted to each provincial legislature. |
| (2) | The report must be submitted within six months after the end of the financial year to which it relates, and must include audited financial statements if those statements are available at that time, reflecting the Board's financial affairs during the year, consisting of at least— |
| (a) | a balance sheet; |
| (b) | an income statement; and |
| (c) | a report of the auditors. |