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

Chapter 3 : Municipal Revenue

Purchase

(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.