Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)

Chapter 12 : Financial Reporting and Auditing

128. Compliance to be monitored

Purchase cart Previous page Return to chapter overview Next page

 

The accounting officer of a parent municipality must—

(a)monitor whether the accounting officer of any municipal entity under the sole or shared control of the municipality has complied with sections 121(1) and 126(2);
(b)establish the reasons for any non-compliance: and
(c)promptly report any non-compliance, together with the reasons for such non-compliance, to the council of the parent municipality, the relevant provincial treasury and the Auditor-General.