Public Audit Act, 2004 (Act No. 25 of 2004)Chapter 3: AuditsPart 1: Audits by Auditor-General14. Submission of financial statements |
| (1) | Financial statements submitted to the Auditor-General for auditing by an auditee which is subject to the Public Finance Management Act or the Municipal Finance Management Act, must be submitted within the period, be in a format, contain the information and otherwise comply with the requirements determined by those Acts. |
| (2) | Financial statements submitted by an auditee which is not subject to the Public Finance Management Act or the Municipal Finance Management Act, must be submitted within the period, be in a format, contain the information and otherwise comply with any requirements determined— |
| (a) | by any legislation applicable to that auditee; or |
| (b) | in the absence of such legislation by the Auditor-General. |