Tourism Act, 1993 (Act No. 72 of 1993)14. Accountability |
| 1) | The chairperson of the board shall be the accounting officer of the board and he shall be charged with the accountability in respect of all moneys received, and all payments made, by the board. |
| 2) | The accounting officer shall-- |
| a) | keep full and correct record of all money received or spent by the board, and of the assets, liabilities and financial transactions of the board; |
| b) | as soon as possible, but not more than three months after the end of the financial year of the board, draw up annual financial statements, which shall, with appropriate details, show money received by the board and expenditure incurred by the board and its assets and liabilities at the end of the financial year concerned. |
| 3) | The records and annual financial statements mentioned in subsection (2), shall he audited by the Auditor-General. |