Acts Online
GT Shield

Public Audit Act, 2004 (Act No. 25 of 2004)

Chapter 4: Administration of Auditor-General

Part 3: Financial administration

36. Funds

 

(1) The funds of the Auditor-General consist of money—
(a) earned as fees for audits or services performed by the Auditor-General in terms of this Act or any other legislation;
(b) appropriated by Parliament for the purposes of the Auditor-General;
(c) earned on investments;
(d) obtained by the alienation or letting of movable or immovable property;
(e) accruing to the Auditor-General from any other source; and
(f) otherwise becoming available to the Auditor-General.

 

(2) The Auditor-General may accept a donation or bequest, provided that it will not result in a conflict of interest. All donations or bequests must be disclosed in the annual report of the Auditor-General, and all material donations or bequests must be itemised.