Public Finance Management Act, 1999 (Act No. 1 of 1999)

Chapter 6 : Public Entities

Part 3: Other officials of public entities

57. Responsibilities of other officials
Purchase cart Previous page Return to chapter overview Next page

 

An official in a public entity—

(a)must ensure that the system of financial management and internal control established for that public entity is carried out within the area of responsibility of that official;
(b)is responsible for the effective, efficient, economical and transparent use of financial and other resources within that official's area of responsibility;
(c)must take effective and appropriate steps to prevent, within that official's area of responsibility, any irregular expenditure and fruitless and wasteful expenditure and any under collection of revenue due;
(d)must comply with the provisions of this Act to the extent applicable to that official, including any delegations and instructions in terms of section 56; and
(e)is responsible for the management, including the safeguarding, of the assets and the management of the liabilities within that official's area of responsibility.