Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)Chapter 8 : Responsibilities of Municipal OfficialsPart 2 : Financial administration78. Senior managers and other officials of municipalities |
| (1) | Each senior manager of a municipality and each official of a municipality exercising financial management responsibilities must take all reasonable steps within their respective areas of responsibility to ensure— |
| (a) | that the system of financial management and internal control established for the municipality is carried out diligently; |
| (b) | that the financial and other resources of the municipality are utilized effectively, efficiently, economically and transparently; |
| (c) | that any unauthorised, irregular or fruitless and wasteful expenditure and any other losses are prevented; |
| (d) | that all revenue due to the municipality is collected; |
| (e) | that the assets and liabilities of the municipality are managed effectively and that assets are safeguarded and maintained to the extent necessary; |
| (f) | that all information required by the accounting officer for compliance with the provisions of this Act is timeously submitted to the accounting officer; and |
| (g) | that the provisions of this Act, to the extent applicable to that senior manager or official, including any delegations in terms of section 79, are complied with. |
| (2) | A senior manager or such official must perform the functions referred to in subsection (1) subject to the directions of the accounting officer of the municipality. |