Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)Chapter 9 : Municipal Budget and Treasury Offices81. Role of chief financial officer |
| (1) | The chief financial officer of a municipality— |
| (a) | is administratively in charge of the budget and treasury office; |
| (b) | must advise the accounting officer on the exercise of powers and duties assigned to the accounting officer in terms of this Act; |
| (c) | must assist the accounting officer in the administration of the municipality's bank accounts and in the preparation and implementation of the municipality's budget; |
| (d) | must advise senior managers and other senior officials in the exercise of powers and duties assigned to them in terms of section 78 or delegated to them in terms of section 79; and |
| (e) | must perform such budgeting, accounting, analysis, financial reporting, cash management, debt management, supply chain management, financial management, review and other duties as may in terms of section 79 be delegated by the accounting officer to the chief financial officer. |
| (2) | The chief financial officer of a municipality is accountable to the accounting officer for the performance of the duties referred to in subsection (1). |