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

Regulations

Audit Fees Regulations

5. Submission by Auditor-General on treasury's proposed directive to defray audit fees from budget

 

(1) If the National Treasury or the relevant provincial treasury, as the case may be, is in accordance with section 23(5) of the Act considering the desirability of directing that audit fees recoverable from an auditee, other than a national or provincial department, must be defrayed from a vote on the national or a provincial budget, that treasury must prior to issuing such a directive—
(a) provide the Auditor-General with relevant information; and
(b) invite the Auditor-General to make submissions on the desirability of issuing such a directive.

 

(2) In the event that the Auditor-General has not provided any submission as contemplated in paragraph (b) of subregulation (1), the relevant treasury may proceed with its consideration of a directive on the basis that the Auditor-General has no objection to the proposed determination.

 

(3) In the event that a treasury issues a directive that the audit fees in question must be defrayed from a vote on the national or a provincial budget, that treasury must forthwith in writing inform the Auditor-General and the auditee of that decision.

 

(4) In the event that a provincial treasury issues a directive that the audit fees in question must be defrayed from a vote in a provincial budget, that treasury must forthwith in writing inform the National Treasury and the auditee of that decision.