Statistics Act, 1999
R 385
Financial Management of Parliament Act, 2009 (Act No. 10 of 2009)Chapter 4 : Cash Management and Investment27. Withdrawals from bank accounts |
| (1) | Only the Accounting Officer, or an official to whom that power has been delegated in terms of section 10, may withdraw money, or authorise the withdrawal of money, from any of Parliament’s bank accounts. |
| (2) | A delegation in terms of subsection (1) must be in accordance with the policy made in terms of section 24. |
| (3) | Money may be withdrawn from a bank account of Parliament only for— |
| (a) | defraying expenditure in accordance with Parliament’s approved budget or authorised for Parliament as a direct charge against the National Revenue Fund; |
| (b) | defraying expenditure incurred in relation to a donor funded project; |
| (c) | refunding money incorrectly paid into a bank account; |
| (d) | making other refunds approved by the Executive Authority; or |
| (e) | cash management or investment purposes in accordance with the policy made in terms of section 24. |
