Housing Development Agency Act, 2008
R 385
Financial Management of Parliament Act, 2009 (Act No. 10 of 2009)Chapter 5 : Financial Management31. Revenue management |
| (1) | The Accounting Officer is responsible for managing the revenue of Parliament. |
| (2) | For the purposes of subsection (1), the Accounting Officer must ensure that— |
| (a) | Parliament has effective revenue collection systems; |
| (b) | all money received is deposited promptly into the bank account contemplated by section 25(1)(a); |
| (c) | Parliament maintains an accounting and information system which— |
| (i) | recognises revenue when it is earned or becomes due; and |
| (ii) | accounts for receipts of revenue; |
| (d) | Parliament maintains a system of internal control in respect of revenue; and |
| (e) | all revenue received by Parliament is reconciled at least on a weekly basis. |
