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Financial Management of Parliament Act, 2009 (Act No. 10 of 2009)

Chapter 2 : Oversight, Executive Authority and Administration of Act

Part 3 : Administration of Act

11. Responsibilities of officials

 

(1) Every official who exercises financial management responsibilities must—
(a) comply with the provisions of this Act, to the extent applicable to that official;
(b) comply with the terms of any delegation in terms of section 10; and
(c) take all reasonable steps within that official’s area of responsibility to ensure that—
(i) Parliament’s system of financial management and internal control is implemented diligently;
(ii) Parliament’s financial and other resources are used effectively, efficiently, economically and transparently;
(iii) any unauthorised expenditure, irregular expenditure, fruitless and wasteful expenditure and other losses are prevented, and, when such expenditure or losses occur, are reported to the Accounting Officer;
(iv) all revenue due to Parliament is collected; and
(v) Parliament’s assets and liabilities are managed effectively, and that assets are safeguarded and maintained to the extent necessary.