Sheriffs Act, 1986 (Act No. 90 of 1986)

Chapter III : Position of Trust of Sheriffs

Fidelity Fund for Sheriffs

28. Auditing of records and statements of Fund
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(1)        The Board shall—

(a) cause records to be kept of moneys received in, and payments made out of, the Fund;
(b)as soon as possible, but not later than three months after the end of each financial year, cause annual financial statements to be prepared showing, with the appropriate particulars, moneys received and expenditure incurred on behalf of the Fund during, and the financial state of affairs of the Fund at the end of, such financial year.

 

(2) The records and annual financial statements referred to in subsection (1) shall be audited by an auditor appointed by the Board.

 

(3)An auditor who has performed an audit contemplated in subsection (2) shall in the auditor's report express an opinion as to whether or not the moneys of the Fund were spent for purposes authorised by this Act.

[Section 28(3) inserted by section 14 of Act No. 14 of 2012]

 

(4)Within 30 days after receipt of the auditor's report, the Board shall submit that report to the Minister together with the audited financial statements of the Fund.

[Section 28(4) inserted by section 14 of Act No. 14 of 2012]