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South African Reserve Bank Act, 1989 (Act No. 90 of 1989)

Regulations Relating to the South African Reserve Bank

Chapter VII : Accounting and Audit

24. Annual reports and audit report



24.1) At every ordinary general meeting,
a) the Board shall present -
i) minutes of the previous ordinary general meeting and of any extraordinary general meeting held since that ordinary general meeting;
ii) the financial statements for the preceding financial year; and
iii) a report of the Board on the state of affairs and business of the Bank, with reference to the amounts for which provision was made in terms of section 24 of the Act.
b) the Bank's auditors shall lay before the meeting the report mentioned in Regulation 23.1.


24.2) The financial statements and Board report shall be-
a) signed by the Governor or a Deputy Governor, the Chairperson of the Audit Committee, the Chief Financial Officer and the Secretary;
b) delivered or sent to every shareholder at their latest address recorded in the register.