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

Chapter 4: Administration of Auditor-General

Part 3: Financial administration

37. Bank accounts
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(1)The Auditor-General must open one or more accounts with an institution or institutions registered in terms of the Banks Act, 1990 (Act No. 94 of 1990).

 

(2)All money received by or on behalf of the Auditor-General must promptly be deposited into such account or accounts.

 

(3)Only the Deputy Auditor-General or staff members authorised by the Deputy Auditor-General, in writing, may make payments from such a bank account, with two signatories.