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Water Services Act, 1997 (Act No. 108 of 1997)

Regulations

Water Services Provider Contract Regulations

16. Financial records

 

A contract must require the water services provider to—

(a) prepare and maintain financial records and statements in accordance with the Generally Accepted Accounting Practice publication adopted in the Republic of South Africa or, in the case of a sphere of government, in accordance with the relevant financial management legislation; and
(b) allow the water services authority access to all financial records and statements reasonably required for the monitoring and regulation of the contract.