Statistics Act, 1999
R 385
Fund-raising Act, 1978 (Act No. 107 of 1978)Chapter 1 : Collection of Contributions by Fund-raising Organizations, other Organizations and Persons12. Accounting of financial activities |
| (1) | Every fund-raising organization, registered branch or holder shall, in one of the official languages of the Republic, keep the prescribed records of all the moneys received and expended by it or him and of all its or his assets and liabilities and of all financial transactions entered into by it or him and shall furnish the Director with the prescribed reports, returns and financial statements at the prescribed times. |
| (2) | Subject to the provisions of the Public Accountants’ and Auditors’ Act, 1951 (Act No. 51 of 1951), such financial statements shall be audited by an accountant and auditor registered in terms of that Act. |
| (3) | The reports, returns and financial statements of a fund-raising organization, registered branch or holder shall lie for inspection by the public at such places and during such periods and after such notice as may be prescribed. |
| (4) | The Director may in his discretion grant to a fund-raising organization, registered branch or holder a certificate exempting such fund-raising organization, registered branch or holder for the period and on the conditions and to the extent mentioned in such certificate from any provisions of this Act relating to the furnishing of reports, returns or financial statements and may in his discretion, withdraw or amend such certificate at any time by notice to such fund-raising organization, registered branch or holder. |
