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Auditing Profession Act, 2005 (Act No. 26 of 2005)

Chapter VII : General Matters

55. Powers of Minister

 

(1) The Minister may, by notice in the Gazette, make regulations regarding—
(a) any matter relating to the functioning of the Regulatory Board that is necessary to ensure the Regulatory Board’s efficiency or to promote good order; and
(b) any ancillary or incidental administrative or procedural matter that it is necessary to prescribe for the proper implementation or administration of this Act.

 

(2) The Minister may delegate any of his or her powers in terms of this Act, excluding the power to make such regulations and the power to appoint the members of the Regulatory Board, to the Director-General or any other official of the National Treasury.