Special Investigating Units and Special Tribunals Act, 1996
R 385
Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)Chapter 10 : Municipal EntitiesPart 4 : Reports and reportable matters102. Irregular or fruitless and wasteful expenditure |
| (1) | On discovery of any irregular expenditure or any fruitless and wasteful expenditure, the board of directors of a municipal entity must promptly report, in writing, to the mayor and municipal manager of the entity‘s parent municipality and the Auditor-General— |
| (a) | particulars of the expenditure; and |
| (b) | any steps that have been taken— |
| (i) | to recover the expenditure; and |
| (ii) | to prevent a recurrence of the expenditure. |
| (2) | The board of directors of a municipal entity must promptly report to the South African Police Service any— |
| (a) | irregular expenditure that may constitute a criminal offence; and |
| (b) | other losses suffered by the municipal entity which resulted from suspected criminal conduct. |
