Implementation of Geneva Conventions Act, 2012
R 385
Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)Chapter 12 : Financial Reporting and Auditing131. Issues raised by Auditor-General in audit reports |
| (1) | A municipality must address any issues raised by the Auditor-General in an audit report. The mayor of a municipality must ensure compliance by the municipality with this subsection. |
| (2) | The MEC for local government in the province must— |
| (a) | assess all annual financial statements of municipalities in the province, the audit reports on such statements and any responses of municipalities to such audit reports, and determine whether municipalities have adequately addressed any issues raised by the Auditor-General in audit reports; and |
| (b) | report to the provincial legislature any omission by a municipality to adequately address those issues within 60 days. |
