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

Chapter 3 : Municipal Revenue

Purchase

The accounting officer of a municipality must submit to the relevant provincial treasury and the Auditor-General, in writing—

(a)	within 90 days after the municipality has opened a new bank account, the name of the bank where the account has been opened, and the type and number of the account; and

(b)	annually before the start of a financial year, the name of each bank where the municipality holds a bank account, and the type and number of each account.