South African Reserve Bank Act, 1989 (Act No. 90 of 1989)Regulations Relating to the South African Reserve BankChapter VII : Accounting and Audit23. Functions of auditors |
| 23.1 | The auditors appointed in terms of Regulation 22 shall jointly examine the accounts of the Bank for the financial year under review, and report whether, in their opinion— |
| (a) | the financial statements and any supplementary information attached to them— |
| (i) | fairly present in all material respects the financial position of the Bank and the results of its operations and cash flow; and |
| (ii) | are properly prepared in all material aspects in accordance with the basis of the accounting and financial reporting framework disclosed in the financial statements. |
| (b) | the affairs of the Bank were conducted according to the requirements of the Act and these Regulations. |
| 23.2 | The Bank shall provide access to records and take all reasonable steps to enable the auditors to perform these functions. |