Societies for the Prevention of Cruelty to Animals Act, 1993 (Act No. 169 of 1993)ConstitutionConstitution of the National Council of Societies for the Prevention of Cruelty to Animals17. Accounts |
| (1) | The Board shall cause true accounts to be kept of all moneys and property received, expended or otherwise disposed of by the Council. They shall also stipulate the manner in which such receipts, expenditure and disposition takes place. |
| (2) | The accounting records of the Council shall comply with the relevant provisions of both the Act and the Nonprofit Organisations Act, No 71 of 1997 as amended from time to time and the accounting standards applicable to such an Organisation. |
| (3) | The annual financial year of the Council shall terminate on the 31 March. |
| (4) | The Council’s accounting records shall be kept at its principal place of business for such period as required by legislation and shall be available for inspection by the Directors at all reasonable times. |
| (5) | The Directors shall determine under what conditions such records shall be open to inspection by Societies. |
| (6) | The signature of the Chief Executive Officer or such other person authorised by the Board shall be sufficient receipt for the money received by the Council. All payments, negotiable instruments and contracts requiring signature in the ordinary course of business of the Council shall be signed by at least two persons authorised thereto by the Directors. In the absence of such authority, then they shall be signed by the Chairman and Chief Executive Officer and/or a Director. |
| (7) | The auditors appointed to audit the accounting records of the Council at the annual general meeting shall be registered under the Public Accountants and Auditors Act and shall not be a Director or hold any office under the Council other than that of auditor. |
| (8) | The audited financial statements of the Council shall be examined and passed by the Directors before circulation to the Members. |
| (9) | An annual report of the operations of the Council, together with the audited balance sheet and statement of accounts representing the Council’s financial position at the close of the preceding year shall be sent to Members at least 28 (twenty eight) clear days prior to the annual general meeting. |
[Clause 17 substituted by section 1 of Constitution of Board Notice 223, GG46000, dated 04 March 2022]