Professional and Technical Surveyors' Act, 1984 (Act No. 40 of 1984)8. Funds of council and keeping and auditing of accounts |
| (1) | The funds of the council shall consist of the fees received by it by virtue of the provisions of sections 7, 20, 21, 22 and 23 and such other moneys, including advances mentioned in subsection (4) of this section, as may in terms of this Act from time to time become payable to the council. |
| (2) | The council shall cause full and correct account to be kept of all moneys received or expended by it. |
(3)
| (a) | The council shall cause to be prepared in each year a statement of its income and expenditure during its last preceding financial year and a balance sheet showing its financial position at the end of |
| (b) | The council shall cause such statement and balance sheet to be audited by an accountant and auditor registered and engaged in public practice as contemplated in the Public Accountants' and Auditors' Act, 1951 (Act No. 51 of 1951), and appointed by the council. |
| (c) | The council shall cause copies of such statement and balance sheet, so audited, to be transmitted to every member of the council and cause a copy thereof to be open for inspection at its office by any professional land surveyor or technical surveyor. |
(4)
| (a) | The Minister may, with the concurrence of the Minister of Finance, advance to the council out of moneys appropriated by Parliament such amounts as he may deem necessary in order to enable the council to perform its functions. Any such advance shall be made on such conditions and shall be repayable at such times as the Minister may, with the concurrence of the Minister of Finance, determine. |