Public Audit Act, 2004 (Act No. 25 of 2004)

Chapter 4: Administration of Auditor-General

Part 3: Financial administration

36. Funds

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(1)The funds of the Auditor-General consist of money—
(a)earned as fees for audits or services performed by the Auditor-General in terms of this Act or any other legislation;
(b)appropriated by Parliament for the purposes of the Auditor-General;
(c)earned on investments;
(d)obtained by the alienation or letting of movable or immovable property;
(e)accruing to the Auditor-General from any other source; and
(f)otherwise becoming available to the Auditor-General.

 

(2)The Auditor-General may accept a donation or bequest, provided that it will not result in a conflict of interest. All donations or bequests must be disclosed in the annual report of the Auditor-General, and all material donations or bequests must be itemised.