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Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)

Chapter 3 : Municipal Revenue

Part 1 : Municipal bank accounts

10. Control of municipal bank accounts


(1) The accounting officer of a municipality
(a) must administer all the municipality's bank accounts, including a bank account referred to in section 12 or 48(2)(d);
(b) is accountable to the municipal council for the municipality's bank accounts; and
(c) must enforce compliance with sections 7, 8 and 11.


(2) The accounting officer may delegate the duties referred to in subsection (1)(c) to the municipality's chief financial officer only.