Statistics Act, 1999
R 385
Geomatics Profession Act, 2013 (Act No. 19 of 2013)Chapter 2 : South African Geomatics Council12. Funds of Council and keeping and auditing of accounts |
| (1) | The funds of the Council consist of money received by it in terms of the provisions of this Act and all other monies which may accrue to it from any other source. |
| (2) | The Council may, in consultation with the National Treasury, establish and administer an education fund for the purposes of educating, training and providing continued education and training of registered persons and students of geomatics. |
| (3) | The Council must keep a full and correct account of all monies received and expended by it. |
| (4) | The Council must annually prepare a statement of income and expenditure and a balance sheet showing the financial position at the close of the financial year, which statement and balance sheet must be audited by an auditor registered in terms of the Auditing Profession Act, 2005 (Act No. 26 of 2005). |
| (5) | A copy of the auditor’s statement and balance sheet, after endorsement by the Council, must lie open for public inspection at the offices of the Council for a period of 14 days and the Council must give notice thereof to all registered persons in any manner deemed appropriate by the Council. |
| (6) | The Council must within six months from the close of each financial year, submit the auditor’s statement and balance sheet to the Minister. |
| (7) | The Minister may, with the concurrence of the Minister of Finance, on receipt of a budgeted request from the Council and on such conditions the Minister may determine, grant to the Council out of money appropriated by Parliament, such amounts as the Minister considers necessary in order to enable the Council to carry out its functions. |
