Public Audit Act

Link to law: http://www.gov.za/documents/public-audit-act
Published: 2004-12-20

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Public Audit Act [No. 25 of 2004]


Government Gazette
REPUBLIC OF SOUTH AFRICA

Vol. 474 Cape Town 20 December 2004 No. 27121
THE PRESIDENCY No. 1471 20 December 2005
It is hereby notified that the President has assented to the following Act, which is hereby published for general information:–
No. 25 of 2004: Public Audit Act, 2004.


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Act No. 25,2004 PUBLIC AUDIT ACT, 2004
(English text signed by the President.) (Assented to on 14 December 2004.)
ACT To give effect to the provisions of the Constitution establishing and assigning functions to an Auditor-General; to provide for the auditing of institutions in the PU vide for accountability arrangements of the Auditor-General; to obsolete legislation; and to provide for matters connected therewith.
PREAMBLE
WHEREAS the Constitution establishes the Auditor-General as a State Institution Supporting Constitutional Democracy; and
WHEREAS the Constitution further - establishes the Auditor-General as the external auditor of all national and provincial state departments and municipalities, and any other institutions or accounting entities required by national or provincial legislation to be audited by the Auditor-General; recognises the independence of the Auditor-General, subject only to the Constitution and the law; requires the Auditor-General to be impartial and to perform his or her powers and functions without fear, favour or prejudice; prohibits any person or organ of state from interfering with the functioning of the Auditor-General; requires the Auditor-General to submit audit reports to any legislature that has a direct interest in the audit, and to any other authority prescribed by national legislation, and that all reports be made public; and provides for the granting of additional powers and functions to the Auditor-General as prescribed by national legislation,
E IT THEREFORE ENACTED by the Parliament of the Republic of South Africa, B as foii0Ws:- ARRANGEMENT OF SECTIONS
Chapter I
INTERPRETATION AND OBJECTS OF ACT
1 Definitions 2 Objects of this Act
Chapter 2
AUDITOR-GENERAL
Part 1: Status andfunctions
3 Constitutional and legal status 4 Constitutional functions 5 Other functions
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Part 2: Appointment and conditions of service
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Appointment Conditions of employment Vacation of office Acting Auditor-General
Part 3: Accountability
Accountability reports to National Assembly
Chapter 3
AUDITS
Part 1: Audits by Auditor-General
Application of this Part Authorised auditors Standards for audits Submission of financial statements General auditing power Searches of property, premises, vehicles and persons Accompanying assistants Protection of information Auditees to render assistance Audit reports Submission of audit reports Audit reports on confidential, secret or classified accounts Audit fees
Part 2: Audits of institutions by auditors in private practice
Application of this Part Appointment of auditors Discharge of auditors Duties and powers of auditors Audit reports and other reports
Part 3: Investigations and special audits by Auditor-General
Carrying out of investigations and special audits
Chapter 4
ADMINISTRATION OF AUDITOR-GENERAL
Administration
Part 1: Deputy Auditor-General
Appointment of Deputy Auditor-General Responsibilities of Deputy Auditor-General Acting Deputy Auditor-General
Part 2: Other staf
Appointments Human resource management
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Part 3: Financial administr&n
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Funds Bank accounts Budget and business plan Auditing of Auditor-General’s accounts, financial statements and financial manage men t Audit committee Annual report and financial statements Financial year Financial responsibilities of the Deputy Auditor-General Financial responsibilities of other staff members Irregular or fruitless and wasteful expenditure Financial misconduct by staff members Applicable legal regime for disciplinary proceedings
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Chapter 5
GENERAL
Delegation of powers and duties Limitation of liability Disclosure of information Offences and penalties Regulations Repeal of legislation Transitional provisions Short title and commencement
SCHEDULE
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REPEAL OF LEGISLATION
CHAPTER 1
INTERPRETATION AND OBJECTS OF ACT
Definitions
1. (1) In this Act, unless the context indicates otherwise- 30 “audit” means the examination or investigation, in accordance with any applicable audit standards, of those aspects to be reported on in terms of section 20 or 28; “accounting entity” means an accounting entity referred to in section 188( l)(c) of the Constitution. 35 “auditee” means an institution or accounting entity referred to in section 4 that is or is to be audited in terms of this Act, and includes any group of such institutions or accounting entities whose financial statements are or are to be consolidated in terms of legislation referred to in section 4(2) of this Act; “audit fees” means an amount recoverable by the Auditor-General from an auditee 40 or other institution for the performance of an audit or other function in terms of this Act, and includes any costs arising as a consequence of an audit or investigation carried out by the Auditor-General or an authorised auditor; “ Auditor-General” - (a) as an institution, means the institution contemplated in section 181(l)(e) of 45
the Constitution; and (b) as an individual, means the individual appointed as Auditor-General or acting
as such; “authorised auditor” means a person authorised in terms of section 12 to perform or to assist in the performance of an audit referred to in section 11 ; “constitutional institution” has the meaning assigned to it in section 1 of the Public Finance Management Act;
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“delegation”, in relation to a duty, includes an instruction or request to perform or to assist in performing the duty; “Deputy Auditor-General” means the person appointed in terms of section 3 1, and includes a person acting as the Deputy Auditor-General; “fruitless and wasteful expenditure”, in relation to expenditure of the Auditor-General, means expenditure incurred by the Auditor-General that was made in vain and would have been avoided had reasonable care been exercised; “irregular expenditure”, in relation to expenditure of the Auditor-General, means expenditure incurred by the Auditor-General in contravention of, or that is not in accordance with, a requirement of this Act or any other legislation applicable to the Auditor-General; “legislature” means Parliament, a provincial legislature or a municipal council; “Municipal Finance Management Act” means the Local Government: Munici- pal Finance Management Act, 2003 (Act No. 56 of 2003); “municipality” means a municipality established in terms of the Local Govern- ment: Municipal Structures Act, 1998 (Act No. 117 of 1998); “municipal entity” has the meaning assigned to it in section 1 of the Local Government: Municipal Systems Act, 2000 (Act No. 32 of 2000); “national department” has the meaning assigned to it in section 1 of the Public Finance Management Act; “National Treasury” means the National Treasury established in terms of section 5 of the Public Finance Management Act; “oversight mechanism” means the oversight mechanism established in terms of section lO(3); “provincial department” has the meaning assigned to it in section 1 of the Public Finance Management Act; “provincial treasury” has the meaning assigned to it in section 1 of the Public Finance Management Act; “Public Accountants’ and Auditors’ Act” means the Public Accountants’ and Auditors’ Act, 1991 (Act No. 80 of 1991); “public entity” has the meaning assigned to it in section 1 of the Public Finance Management Act; “Public Finance Management Act” means the Public Finance Management Act, 1999 (Act No. 1 of 1999); “relevant legislature” means a legislature that has a direct interest in an audit; “standards” means the standards by which an audit is conducted and includes audit practices, procedures and guidelines; “supreme audit institution” means the institution which, however designated, constituted or organised, exercises by virtue of the law of a country, the highest public auditing function of that country.
(2) In this Act, a word or expression derived from a word or expression defined in subsection (1) has a corresponding meaning unless the context indicates that another meaning is intended.
Objects of this Act
2. The objects of this Act are- (a) to give effect to the provisions of the Constitution establishing, and assigning
supreme auditing functions to, an Auditor-General; (b) to provide for the auditing of institutions and accounting entities in the public
sector; and (c) to provide for an oversight mechanism established in terms of section lO(3)-
(i) to assist and protect the Auditor-General in order to ensure the independence, impartiality, dignity and effectiveness of the Auditor- General; and
(ii) to advise the National Assembly.
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CHAPTER 2
AUDITOR-GENERAL
Part 1: Status and functions
Constitutional and legal status
3. The Auditor-General - 5 (a) is the supreme audit institution of the Republic; (b) has full legal capacity, is independent and is subject only to the Constitution
and the law, including this Act; (c) must be impartial and must exercise the powers and perform the functions of
(d) is accountable to the National Assembly. office without fear, favour or prejudice; and 10
Constitutional functions
4. (1) The Auditor-General must audit and report on the accounts, financial statements and financial management of-
(a) all national and provincial state departments and administrations; 15 (b) all constitutional institutions; (c) the administration of Parliament and of each provincial legislature; (d) all municipalities; (e) all municipal entities; and fl any other institution or accounting entity required by other national or by 20
provincial legislation to be audited by the Auditor-General. (2) The Auditor-General must audit and report on the consolidated financial
(a) the national government as required by section 8 of the Public Finance Management Act; 25
(b) all provincial governments as required by section 19 of the Public Finance Management Act; and
(c) a parent municipality and all municipal entities under its sole or effective control as required by section 122(2) of the Municipal Finance Management Act. 30
(3) The Auditor-General may audit and report on the accounts, financial statements
(a) any public entity listed in the Public Finance Management Act; and (b) any other institution not mentioned in subsection (1) and which is-
(i) funded from the National Revenue Fund or a Provincial Revenue Fund or 35 by a municipality; or
(ii) authorised in terms of any legislation to receive money for a public purpose-
(4) In the event of any conflict between a provision of this section and any other legislation existing when this section takes effect, the provision of this section prevails. 40
Other functions
statements of -
and financial management of-
5. (1) The Auditor-General may, at a fee, and without compromising the role of the
(a) audit related services to an auditee referred to in section 4( 1) or (3) or other body, which is commonly performed by a supreme audit institution on 45 condition that - (i) no services may be provided in respect of any matter that may
subsequently have to be audited by the Auditor-General; (ii) such service will not directly result in the formulation of policy; and
(iii) there must be full and proper disclosure of such services in terms of 50 section 10( l)(b).
Auditor-General as an independent auditor, provide -
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(b) advice and support to a legislature or any of its committees outside the scope of the Auditor-General’s normal audit and reporting functions;
(c) comments in a report on any responses by an auditee to reported audit findings, or responses by an auditee to a report of any legislature arising from its review of an audit report; or
(d) carry out an appropriate investigation or special audit of any institution referred to in section 4( 1) or (3), if the Auditor-General considers it to be in the public interest or upon the receipt of a complaint or request.
(a) co-operate with persons, institutions and associations, nationally and interna- tionally;
(b) appoint advisory and other structures outside the administration of the Auditor-General to provide specialised advice to the Auditor-General; and
(c) do any other thing necessary to fulfil the role of Auditor-General effectively. (3) The Auditor-General may, in the public interest, report on any matter within the
functions of the Auditor-General and submit such a report to the relevant legislature and to any other organ of state with a direct interest in the matter.
(2) In addition, the Auditor-General may -
Part 2: Appointment and conditions of employment
Appointment
6. (1) Whenever it becomes necessary to appoint a person as Auditor-General, the Speaker must initiate the process in the National Assembly for the recommendation of a person to the President for appointment as Auditor-General as set out in section 193 of the Constitution.
(2) When making an appointment, the President must determine the term for which the appointment is made, subject to section 189 of the Constitution.
Conditions of employment
7. (1) The oversight mechanism must consult the person recommended in terms of section 193 of the Constitution for appointment as Auditor-General and make recommendations to the President for the determination of the conditions of employment of that person, including an appropriate salary, allowances and other benefits.
(2) The salary, allowances and other benefits of a person appointed as Auditor- General must-
(a) take into account the knowledge and experience of the prospective incumbent; (b) be substantially the same as those of the top echelon of the judiciary; and (c) be paid from the funds of the Auditor-General.
(3) The conditions of employment determined in terms of subsection (1) may not be altered by the President during the incumbent’s term of office without the incumbent’s written consent or to the incumbent’s detriment.
(4) A person appointed as Auditor-General- (a) must perform the functions of office full-time; and (b) may not perform any other remunerative work.
Vacation of office
8. (1) A person appointed as Auditor-General ceases to be the Auditor-General- (a) when that person’s term of office expires; or (b) if that person-
(i) resigns, subject to subsection (2); or (ii) is removed from office in terms of section 194 of the Constitution.
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(2) A person appointed as Auditor-General may resign- (a) on account of ill health or for any other reason which the President considers
sufficient; and (b) by giving at least three month’s written notice to the President, but the
President may accept a shorter period. 5
Acting Auditor-General
9. (1) The Deputy Auditor-General assumes the role of acting Auditor-General if- (a) the Auditor-General is unable to perform the functions of office; (b) the Auditor-General is absent; or (c) the appointment of a person as Auditor-General is pending. 10
(2) When acting in terms of subsection (I), the Deputy Auditor-General has all the powers and duties of the Auditor-General.
Part 3: Accountability
Accountability reports to National Assembly
10. (1) The Auditor-General must annually submit a report to the National Assembly 15 on his or her activities and the performance of his or her functions, including on-
(a) the standards to be applied to audits as determined in terms of section 13( 1); (b) the categories of services provided in terms of section 5( l)(a); (c) the institutions and accounting entities to which such services have been
(d) any instances of co-operation in terms of section 5(2)(a). (2) In addition, the Auditor-General must annually submit to the National
Assembly - (a) the report on his or her overall control of the Auditor-General’s administration
in terms of section 30(2); and (b) the annual report, the financial statements and the audit report on those
statements in terms of section 41(5). (3) The National Assembly must provide for a mechanism to maintain oversight over
provided; and 20
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the Auditor-General in terms of section 55(2)(b)(ii) of the Constitution.
CHAPTER 3 30
AUDITS
Part 1: Audits by Auditor-General
Application of this Part
11. This Part applies to all audits of auditees which the Auditor-General- (a) must perform in terms of section 4( 1) or (2); or (b) opts to perform in terms of section 4(3).
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Authorised auditors
12. (1) The Auditor-General may authorise one or more persons to perform or to assist in the performance of an audit referred to in section 11.
(2) Such a person must be- 40 (a) a member of the staff of the Auditor-General who-
(i) is registered as an accountant and auditor in terms of the Public Accountants’ and Auditors’ Act; or
(ii) is not so registered but has the qualifications, experience and competence referred to in subsection (3)(a); 45
(b) a private practitioner who-
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(i) is registered as an accountant and auditor in terms of the Public Accountants’ and Auditors’ Act and is engaged in public practice as an accountant and auditor; or
(ii) is not so registered but has the qualifications, experience and competence
(c) a person with non-accountancy qualifications, experience and competence to the extent that a person with such qualifications, experience and competence is necessary for any particular audit.
referred to in subsection (3)(a); or 5
(3) The Auditor-General must- (a) determine the minimum qualifications, experience and competence for 10
authorised auditors referred to in subsection (2)(a)(ii) and (2)(b)(ii) for appointment as authorised auditors;
(b) after consulting the oversight mechanism, issue a code of conduct for authorised auditors, prescribing - (i) standards of professional conduct for the performance of an audit or their 15
other functions, taking into consideration the manner in which the accountancy and audit profession is regulated in this regard;
(ii) any disciplinary steps for misconduct; and (iii) any other relevant matter;
(c) determine the manner in which an audit referred to in section 11 must be 20 performed; and
(d) determine the manner in which any powers conferred on authorised auditors in terms of this Act may be exercised, and limitations on the exercise of any of those powers.
(a) in accordance with the code of conduct referred to in subsection (3); and (b) subject to any directives issued by the Auditor-General.
(4) Authorised auditors exercise their functions and powers - 25
(5) The code of conduct for authorised auditors referred to in subsection (3) is subject to any code of professional conduct prescribed by any legislation applicable to public practitioners in the accountancy and auditing profession, and in the event of any 30 inconsistency between the code of conduct referred to in subsection (3) and such code of professional conduct, the latter code prevails.
Standards for audits
13. (1) The Auditor-General, after consulting the oversight mechanism, must determine - 35
(a) the standards to be applied in performing audits referred to in section 11 ; (b) the nature and scope of such audits; and (c) procedures for the handling of complaints when performing such audits.
(2) In setting standards the Auditor-General must take into account all relevant factors, including- 40
(a) best auditing practices, both locally and internationally; and (b) the capacity of the Auditor-General and the auditing profession to comply
with those standards.
(a) make different determinations on the matters mentioned in subsection (1) for 45 different categories of audits based on recognised best practice; or
(b) issue specific directives on those matters in any specific case.
(3) The Auditor-General may-
Submission of financial statements
14. (1) Financial statements submitted to the Auditor-General for auditing by an auditee which is subject to the Public Finance Management Act or the Municipal 50 Finance Management Act, must be submitted within the period, be in a format, contain the information and otherwise comply with the requirements determined by those Acts.
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(2) Financial statements submitted by an auditee which is not subject to the Public Finance Management Act or the Municipal Finance Management Act, must be submitted within the period, be in a format, contain the information and otherwise comply with any requirements determined-
(a) by any legislation applicable to that auditee; or 5 (b) in the absence of such legislation by the Auditor-General.
General auditing powers
15. (1) When performing an audit referred to in section 11, the Auditor-General or an
(a) any document, book or written or electronic record or information of the 10 auditee or which reflects or may elucidate the business, financial results, financial position or performance of the auditee;
(b) any of the assets of or under the control of the auditee; or (c) any staff member or representative of the auditee.
(2) The Auditor-General or an authorised auditor may for the purpose of an audit- enter any property, premises or vehicle of or under the control of an auditee, including any property, premises or vehicle where- (i) a document, book or written or electronic record or information, or any
assets, referred to in subsection (1) are kept; or
authorised auditor has at all reasonable times full and unrestricted access to-
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(ii) a staff member or representative of the auditee performs work for the 20 auditee;
direct a person to produce, or to deliver at a specified place and time and in a specified format- (i) any such document, book or written or electronic record or information,
including any confidential, secret or classified document, book, record or 25 information of whatever nature; or
(ii) any such asset; inspect, and question any person about, any such document, book or written or electronic record or information, or any such asset; copy, or make extracts from, any such document, book or written or electronic 30 record or information, at the expense of the auditee, or remove such document, book, record or written or electronic information to make copies or extracts; direct a person to disclose, either orally or in writing, any information that may be relevant for the audit, including any confidential, secret or classified 35 information, and question any person about such information; or direct- (i) a person to disclose information or to give answers to questions in terms
of this subsection in writing or under oath or affirmation; or (ii) that any such information or answers be recorded. 40
(3) (a) A person who is required in terms of any legislation to maintain secrecy or confidentiality, or not to disclose information relating to a matter, may be required by the Auditor-General to comply with any of the requirements in this section, even though the person would be otherwise in breach of that person’s obligation of secrecy or
(b) Compliance with a requirement of this section is not a breach of any applicable legislation imposing the relevant obligation of secrecy or confidentiality or non- disclosure.
confidentiality or non-disclosure. 45
Searches of property, premises, vehicles and persons
16. (1) When performing an audit, the Auditor-General or an authorised auditor 50 designated by the Auditor-General may, under the authority of a warrant issued by a judge or magistrate-
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(a) enter any property, premises or vehicle on reasonable suspicion that a document, book or written or electronic record or information, or an asset, referred to in section 15(l)(a) or (b) which the Auditor-General or such authorised auditor needs to inspect for the audit is hidden or kept on such property, premises or in that vehicle;
(b) search the property, premises or vehicle, or any person on the premises or in the vehicle, for such document, book or written or electronic record or information or asset; and
(c) seize such document, book or written or electronic record or information or asset for the purpose of completing the audit.
(2) The person conducting the search must provide proof of identify to the person in charge of the property, premises or vehicle. A copy of the warrant must be handed to the person in charge of the property, premises or vehicle or affixed to the property, premises or vehicle at a prominent place.
(3) The Auditor-General or such an authorised auditor may request assistance from the South African Police Service or any other law enforcement agency or investigating authority to enforce the provisions of this section.
(4) The entering and search of property, premises or a vehicle, and the search of a person, in terms of this section must be conducted with strict regard to decency, order and any affected person’s constitutional rights.
Accompanying assistants
17. When exercising the powers referred to in sections 15 and 16, the Auditor-General or an authorised auditor may be accompanied by such assistants and other persons as are reasonably required for the exercise of those powers.
Protection of information
18. (1) The Auditor-General must take precautionary steps to guard against the disclosure of secret or classified information obtained in terms of section 15( l), (2) or (3) or 16.
(2) Steps taken in terms of subsection (1) may not prevent the disclosure of any audit finding by the Auditor-General or an authorised auditor on any unauthorised expenditure, irregular expenditure or fruitless and wasteful expenditure within the meaning of the Public Finance Management Act or the Municipal Finance Management Act, or any other legislation as applicable to the auditee which is the subject of the audit, or on any other irregular or criminal conduct relating to the financial affairs of an auditee, but any such disclosure may not include facts the disclosure of which would harm the national interest.
(3) The Auditor-General, an authorised auditor or an assistant or other person referred to in section 17, is competent but may not be compelled to disclose information obtained in the course of official duties in any proceedings in which the Auditor-General is not a party, before -
(a) a court in a civil matter; or (b) any other body or institution established in terms of legislation.
(a) a legislature or an internal committee of a legislature; or (b) a court in a criminal matter.
(4) Subsection (3) does not apply in any proceedings before-
Auditees to render assistance
19. (1) An auditee must- (a) render all reasonable assistance to the Auditor-General or the authorised
auditor performing the audit to enable the Auditor-General or authorised auditor to complete the audit within any applicable timeframes; and
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(b) accede free of charge to all reasonable requests of the Auditor-General or the authorised auditor to facilitate the expeditious completion of the audit, including - (i) the provision of suitable office accommodation and parking on the
(ii) logistical support required for the proper carrying out of the audit; and (iii) access to office equipment.
(a) must be given notice of every meeting of the auditee’s audit committee, if the auditee has such a committee; and
(b) may attend and participate in any meeting of such an audit committee at the expense of the auditee.
auditee’s premises; 5
(2) An authorised auditor-
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Audit reports
20. (1) The Auditor-General must in respect of each audit referred to in section 11 prepare a report on the audit.
(2) An audit report must reflect such opinions and statements as may be required by any legislation applicable to the auditee which is the subject of the audit, but must reflect at least an opinion or conclusion on-
(a) whether the annual financial statements of the auditee fairly present, in all material respects, the financial position at a specific date and results of its 20 operations and cash flow for the period which ended on that date in accordance with the applicable financial framework and legislation;
(b) the auditee’s compliance with any applicable legislation relating to financial matters, financial management and other related matters; and
(c) the reported information relating to the performance of the auditee against 25 predetermined objectives.
(3) In addition, the Auditor-General may report on whether the auditee’s resources
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were procured economically and utilised efficiently and effectively.
Submission of audit reports
21. (1) The Auditor-General must submit an audit report in accordance with any 30 legislation applicable to the auditee which is the subject of the audit.
(2) If there is no such legislation as contemplated in subsection (1) the Auditor- General must submit the audit report to the relevant legislature within a reasonable time.
(3) Audit reports must be tabled in the relevant legislature in accordance with any applicable legislation or otherwise within a reasonable time. If an audit report is not 35 tabled in a legislature within one month after its first sitting after the report has been submitted by the Auditor-General, the Auditor-General must promptly publish the report.
(4) Despite any other legislation, the Auditor-General may in the public interest submit an audit report to- 40
(a) any legislature whether or not that legislature is a relevant legislature; or (b) any organ of state.
Audit reports on confidential, secret or classified accounts
22. (1) When the Auditor-General reports on an account established by the Security Services Special Account Act, 1969 (Act No. 81 of 1969), the Defence Special Account 45 Act, 1974 (Act No. 6 of 1974), or the Secret Services Act, 1978 (Act No. 56 of 1978), or any other confidential special account established by any other Act of Parliament, the Auditor-General -
(a) must have due regard for the special nature of the account; and
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(b) on the written advice from the relevant Minister, on the basis of national interest, may exclude confidential, secret or classified details of findings from the audit report, provided that the audit report states that these details were excluded.
(2) Subsection (1) must not prevent the disclosure of any audit finding by the Auditor-General or an authorised auditor on any unauthorised expenditure, irregular expenditure or fruitless and wasteful expenditure within the meaning of the Public Finance Management Act, or on any other irregular conduct or activity, or criminal conduct, relating to the financial affairs of such an account.
Audit fees 10
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23. (1) The Auditor-General determines the basis for the calculation of audit fees to be recovered from auditees in respect of audits referred to in section 11, after having consulted the oversight mechanism and the National Treasury.
(2) An auditee must settle the account for audit fees within 30 days from the date of invoice, failing which the Auditor-General must promptly take legal steps to recover the 15 amount, unless it is not practical to do so.
(3) The Auditor-General may charge interest on any audit account not paid within 30 days of the date of the account at the rate prescribed in terms of section l(2) of the Prescribed Rate of Interest Act, 1975 (Act No. 55 of 1975).
(4) If an auditee defaults on the payment of audit fees, the Auditor- General must 20 promptly notify the National Treasury and, when applicable, the relevant provincial treasury.
(5) The National Treasury or the relevant provincial treasury, as may be appropriate, may, after consulting the Auditor-General, direct that audit fees recoverable from an auditee which is not a national or provincial department, be defrayed from a vote on the 25 national or a provincial budget identified by the relevant treasury.
(6) If the audit fee exceeds one percent of the total current and capital expenditure of such auditee for the relevant financial year, such excess must be defrayed from the National Treasury’s vote, provided that the National Treasury is of the view that the auditee has financial difficulty to settle the cost. This excludes national and provincial 30 departments.
Part 2: Audits of institutions by auditom in private practice
Application of this Part
24. This Part applies to audits of institutiqns referred to in section 4(3) where the Auditor-General has opted not to perform the audit. 35
Appointment of auditors
25. (1) If the Auditor-General has opted not to perform the audit of an auditee referred
(a) the Auditor-General must give notice of his or her decision to that auditee before the start of the auditee’s financial year for which the appointment is to 40 be made; and
(b) the auditee must appoint as its auditor a person registered in terms of the Public Accountants’ and Auditors’ Act as an accountant and auditor and engaged in public practice as such.
(2) Before appointing an auditor in terms of subsection (l), the auditee must give 45 notice of the suggested appointment to the Auditor-General, including information on the extent to which the auditor would provide other services than audit services during the duration of the appointment, and any other information required by the Auditor-General.
(3) If the Auditor-General, within 14 days of receiving a notice in terms of subsection 50 (2), or such longer period as may be agreed to, rejects the auditee’s appointment, the auditee must in terms of that subsection recommence the process to appoint another person as its auditor.
to in section 4(3)-
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(4) Appointments in terms of this section may not be for a longer period than one financial year of the auditee.
Discharge of auditors
26. (1) An auditee referred to in section 4(3) may discharge an auditor appointed by it in terms of section 25( l)(b) before the expiry of that auditor’s term of appointment, but only with the consent of the Auditor-General and, if that auditee has an executive authority within the meaning of the Public Finance Management Act, also of the relevant executive authority.
(2) If such an auditee intends discharging an auditor in terms of subsection (l), it must- 10
(a) give the auditor notice, in writing, setting out the reasons for the discharge; and
(b) give the auditor an opportunity to make representations, in writing, to the Auditor-General within 20 days of receipt of the notice.
(3) The Auditor-General must report any discharge of an auditor in terms of 15
5
subsection (1) to the relevant legislature.
Duties and powers of auditors
27. (1) An auditor appointed in terms of section 25( l)(b) must perform the functions of office as auditor in terms of section 20 of the Public Accountants’ and Auditors’ Act.
(2) In performing those functions as the auditor of an auditee, the auditor has the 20 powers assigned to the Auditor-General in terms of section 15. (3) An auditor may consult the Auditor-General or a person designated by the
Auditor-General concerning any matter relating to the auditing of the auditee concerned. (4) An auditor-
(a) must be given notice of every meeting of the auditee’s audit committee, if the 25 auditee has such a committee; and
(b) may attend, and participate in, any meeting of such an audit committee at the expense of the auditee.
(5) The Auditor-General or a person designated by the Auditor-General may request information regarding the audit from an auditor appointed in terms of section 25( l)(b). 30
Audit reports and other reports
28. (1) The report of an auditor appointed in terms of section 25( l)(b) must reflect such opinions and statements as may be required by any legislation applicable to the auditee which is the subject of the audit, but must reflect at least an opinion or conclusion on- 35
(a) whether the financial statements of the auditee fairly present, in all material respects, the financial position at a specific date and results of its operations and cash flow for the period which ended on that date in accordance with the applicable financial framework and legislation;
(b) the auditee’s compliance with any applicable legislation relating to financial 40 matters, financial management and other related matters; and
(c) the reported information relating to the performance of the auditee against predetermined objectives.
(a) whether the auditee’s resources were procured economically and utilised 45 efficiently and effectively; and
(b) on any matters arising from an investigation required by the Auditor-General that should in the public interest be brought to the attention of the relevant legislature.
(2) If required by the Auditor-General, the auditor must report-
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(3) The auditor must submit copies of the audit report referred to in subsection (1)- (a) to the auditee; (b) if the auditee has an executive authority within the meaning of the Public
Finance Management Act, to that executive authority for submission to the relevant legislature; 5
(c) to the Auditor-General; and (d) to the National Treasury or the relevant provincial treasury, as may be
appropriate.
(a) in the case of a public entity listed in the Public Finance Management Act, to 10 the executive authority of the entity within the meaning of the Public Finance Management Act, for submission to the relevant legislature; or
(b) in any other case, to the National Treasury or the relevant provincial treasury. (5) When reporting in terms of subsection (2) , the auditor must draw attention to any
other matters within the auditor’s investigation which, in the auditor’s opinion, should in 15 the public interest be brought to the notice of the relevant legislature.
(4) A report referred to in subsection (2) must be submitted-
Part 3: Investigations and special audits by Auditor-General
Carrying out of investigations and special audits
29. (1) The Auditor-General may designate an authorised auditor to carry out an
(2) The provisions of Part 1 of this Chapter, read with any changes as may be required by the context, apply to any investigation or special audit referred to in subsection (1).
(3) If the Auditor-General issues a special report on an investigation or special audit in terms of this section, the Auditor-General must simultaneously submit the special report- 25
(a) to the auditee which is the subject of the investigation or special audit; (b) if the auditee has an executive authority within the meaning of the Public
Finance Management Act, to that executive authority; (c) to the National Treasury or the relevant provincial treasury, as may be
appropriate; and 30 (d) to the relevant legislature, for tabling in the relevant legislature.
investigation or special audit referred to in section 5( l)(d). 20
(4) The Auditor-General may charge a fee, calculated in terms of section 23, for carrying out an investigation or special audit in terms of this section.
CHAPTER 4
ADMINISTRATION OF AUDITOR-GENERAL
Administration
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30. (1) The Auditor-General has an administration consisting of- (a) the Deputy Auditor-General; and (b) any other staff members referred to in section 34.
(2) The Auditor-General is in overall control of and accountable for his or her 40 administration.
Part 1: Deputy Auditor-General
Appointment of Deputy Auditor-General
31. (1) The Auditor-General, after consulting the oversight mechanism, must appoint a person with appropriate qualifications and experience as the Deputy Auditor-General. 45
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(2) The person appointed as the Deputy Auditor-General holds office- (a) for an agreed term not exceeding five years, but which is renewable for one
further period of no longer than five years; and (b) on terms and conditions determined by the Auditor-General, which must
include performance standards. 5
Responsibilities of Deputy Auditor-General
32. (1) The Deputy Auditor-General is the head of the administration who must perform the functions of office in accordance with the directions of the Auditor-General.
(2) As administrative head, the Deputy Auditor-General- (a) is responsible for the management of the administration, including- 10
(i) the formation and development of an efficient staff (ii) the organisation, control and management of all staff; and
(iii) the maintenance of discipline; (b) must comply with section 43; (c) must carry out the decisions of the Auditor-General, subject to section 45(2); 15 (d) must perform such duties and may exercise such powers as the Auditor-
General may delegate to the Deputy Auditor-General; and (e) must report to the Auditor-General on aspects of management and the exercise
of responsibilities, duties and powers, at such frequency and in such manner,
(3) The Deputy Auditor-General must exercise the responsibilities, duties and powers as the Auditor-General may require. 20
of office subject to the directions of the Auditor-General.
Acting Deputy Auditor-General
33. (1) Whenever the Deputy Auditor-General is for any reason absent or unable to exercise the responsibilities, duties and powers of office, or whenever there is a vacancy 25 in the office of Deputy Auditor-General, the Auditor-General must appoint another staff member as acting Deputy Auditor-General for a period not exceeding six months.
(2) Whilst acting as Deputy Auditor-General, such staff member- (a) has the responsibilities, duties and powers of the Deputy Auditor-General; and (b) is employed subject to such terms and conditions of employment as the 30
Auditor-General may determine.
Part 2: Other shff
Appointments
34. (1) The Deputy Auditor-General- (a) within the financial, administrative and other limits set by the Auditor- 35
General, must determine a staff establishment necessary for the work of the Auditor-General; and
(b) may appoint persons in posts on the staff establishment. (2) All appointments to senior and other posts identified by the Auditor-General may
(3) Persons appointed as employees are employed subject to the terms and conditions of employment determined by the Auditor-General, subject to section 35. Terms and conditions of employment must be consistent with the basic values and principles set out in section 195 of the Constitution.
(4) Persons seconded to the administration or appointed on contract to perform 45 specific tasks, must carry out their duties under the control and directions of the Deputy Auditor-General in accordance with the secondment or contract.
be made only with the approval of the Auditor-General. 40
Human resource management
35. Human resource management and related issues, including terms and conditions of employment, must be dealt with in accordance with generally accepted human 50 resource practice and applicable labour legislation through appropriate management, consultative and, where applicable, negotiation processes.
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Part 3: Financial administration
Funds
36. (1) The funds of the Auditor-General consist of money- (a) earned as fees for audits or services performed by the Auditor-General in
terms of this Act or any other legislation; (b) appropriated by Parliament for the purposes of the Auditor-General; (c) earned on investments; (d) obtained by the alienation or letting of movable or immovable property; (e) accruing to the Auditor-General from any other source; and cfl otherwise becoming available to the Auditor-General.
(2) The Auditor-General may accept a donation or bequest, provided that it will not result in a conflict of interest. All donations or bequests must be disclosed in the annual report of the Auditor-General, and all material donations or bequests must be itemised.
Bank accounts
37. (1) The Auditor-General must open one or more accounts with an institution or institutions registered in terms of the Banks Act, 1990 (Act No. 94 of 1990).
(2) All money received by or on behalf of the Auditor-General must promptly be deposited into such account or accounts.
(3) Only the Deputy Auditor-General or staff members authorised by the Deputy Auditor-General, in writing, may make payments from such a bank account, with two signatories.
Budget and business plan
38. (1) The affairs of the Auditor-General must be conducted in accordance with a budget and business plan prepared by the Auditor-General for each financial year which must include-
(a) estimates of revenue and expenditure, for the year to which it relates; (b) projected revenue and expenditure for the two financial years following the
year to which the budget and business plan relates; and (c) the basis on which audit fees for the year to which the budget relates and the
following two years are to be calculated. (2) The Auditor-General must at least six months before the start of a financial year
submit the budget and business plan referred to in subsection (1) to- (a) the oversight mechanism; and (b) the National Treasury, for planning of and preparing the national annual
budget. (3) The oversight mechanism must consider the budget and business plan and within
two months of receipt thereof submit its recommendations to- (a) the Speaker for tabling in the National Assembly; and (b) the National Treasury.
(4) The Auditor-General may, after consultation with the National Treasury and by agreement with the oversight mechanism, at the end of a financial year retain for working capital and general reserve requirements, any surplus as reflected in the financial statements or a portion thereof. The portion of a surplus not retained must be paid into the National Revenue Fund.
Auditing of Auditor-General’s accounts, financial statements and financial man- agement
39. (1) The oversight mechanism must annually appoint an independent external auditor to audit the accounts, financial statements, and financial management and performance information of the Auditor-General.
(2) A person appointed as external auditor in terms of subsection (1)- (a) must be registered as an accountant and auditor in terms of the Public
Accountants’ and Auditors’ Act and engaged in public practice as accountant and auditor;
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(b) may not be a staff member in the administration of the Auditor-General; and (c) may not have any conflict of interest as a result of the appointment.
Audit Committee
40. (1) The Deputy Auditor-General must- (a) establish an audit committee contemplated in section 43(3)(b)(ii); and (b) appoint the members of the audit committee in consultation with the
Auditor-General. (2) The audit committee must consist of at least three persons of whom the majority
may not be in the employ of the Auditor-General. (3) The chairperson of the audit committee-
(a) may not be in the employ of the Auditor-General; and (b) must be independent, knowledgeable of the status of the position, have the
requisite business, financial and leadership skills and may not be a political office bearer.
(4) The membership of the audit committee must be disclosed in the annual report of
(5) The audit committee must meet at least three times a year. (6) The audit committee-
the Auditor-General referred to in section 41.
(a) must in the annual report referred to in section 41 comment on- (i) the effectiveness of internal control; and
(ii) its evaluation of the Auditor-General’s annual financial statements; and (b) may communicate any concerns it may have to the-
(i) Auditor-General; (ii) external auditor of the Auditor-General; and
(iii) oversight mechanism.
Annual report and financial statements
41. (1) The Deputy Auditor-General must for each financial year prepare an annual
(a) fairly present the state of affairs of the Auditor-General, including its business, financial results, performance against predetermined objectives and financial position as at the end of the financial year; and
(i) any material losses through criminal conduct, any material irregular expenditure, and any fruitless and wasteful expenditure that occurred during the financial year;
(ii) any criminal or disciplinary steps taken as a consequence of such losses or irregular expenditure or fruitless and wasteful expenditure;
(iii) any material amounts recovered or written off as a result of criminal conduct, irregular expenditure and fruitless and wasteful expenditure; and
(iv) any other matters that the external auditor considers necessary.
report and financial statements, including cash-flow information, which-
(b) include particulars of-
(2) The financial statements must be in accordance with South African Statements of Generally Accepted Accounting Practice or other international best practice approved by the oversight mechanism.
(3) The Deputy Auditor-General must within two months after the end of a financial year submit the financial statements for that year to the external auditor appointed in terms of section 39. (4) The external auditor must-
(a) audit those statements; and (b) submit an audit report on those statements to the Auditor- General within two
months of receipt of the statements for auditing, which report must include an opinion or conclusion on the reported information relating to the performance of the Auditor-General against predetermined objectives.
(5) The Auditor-General must submit the annual report, the financial statements and the audit report on those statements within six months after the financial year to which
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they relate to the oversight mechanism and to the Speaker for tabling in the National Assembly.
(6) If the Auditor-General fails to comply with subsection (3, the Auditor-General must promptly submit a written explanation setting out the reasons for the delay to the National Assembly. 5
Financial year
42. The financial year of the Auditor-General is 1 April to 31 March the next year.
Financial responsibilities of Deputy Auditor-General
43. (1) The Deputy Auditor-General is the accounting officer in the administration of
(2) As accounting officer, the Deputy Auditor-General is responsible for- the Auditor-General. 10
(a) managing the financial administration of the Auditor-General; (b) all income and expenditure of the Auditor-General; and (c) all assets and the discharge of all liabilities of the Auditor-General.
(3) The Deputy Auditor-General must, for the purposes of subsection (2), take all
(a) that full, true and effective records of all income and expenditure and of all assets, liabilities, and of all financial transactions of the Auditor-General are kept;
(i) effective, efficient and transparent systems of financial and risk management and internal control;
(ii) a system of internal audit under the control and direction of an audit committee;
(iii) an appropriate procurement and provisioning system which is fair, 25 equitable, transparent, competitive and cost-effective; and
(iv) a system for properly evaluating all major capital projects prior to a final
15 reasonable steps to ensure-
(b) that the Auditor-General has and maintains- 20
decision on the project; that the resources of the Auditor-General are used effectively, efficiently, economically and transparently; 30 that all money due to the Auditor-General is collected; that irregular expenditure, fruitless and wasteful expenditure and losses resulting from criminal conduct are prevented; that available working capital is managed efficiently and economically; that the assets of the Auditor-General are effectively managed, safeguarded 35 and maintained, and that liabilities are properly managed; that any tax, levy, duty, pension, medical aid scheme and other statutory commitments of the Auditor-General are complied with; that all contractual obligations of the Auditor-General are complied with and
that any irregular or fruitless and wasteful expenditure in the administration is immediately reported to the Auditor-General, in writing; that disciplinary or, when appropriate, criminal proceedings, are instituted against any staff member who has allegedly committed an act of financial misconduct in terms of section 46, an offence in terms of section 51 or a 45 criminal act resulting in a loss for the Auditor-General; that all relevant financial considerations, including issues of propriety, regularity and value for money, are considered when decisions affecting the Auditor-General's funds are made, and, when necessary, that those consider-
that all money owing is paid within the agreed period; 40
ations are brought to the attention of the Auditor-General; and that staff members comply with the provisions of this Act.
50
(4) If the Deputy Auditor-General is unable to comply with any of his or her responsibilities as accounting officer, the Deputy Auditor-General must promptly report, in writing, the inability, together with reasons, to the Auditor-General.
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(5) The Deputy Auditor-General must- (a) take effective and appropriate steps to prevent any overspending of the budget
referred to in section 38 or any expenditure not in accordance with the budget; and
(b) report to the Auditor-General and the oversight mechanism on any actual or impending- (i) under collection of revenue due;
(ii) shortfalls in budgeted revenue; and (iii) overspending of the budget or expenditure not in accordance with the
budget. (6) The Deputy Auditor-General has such additional responsibilities as accounting
officer as the Auditor-General may determine from time to time.
Financial responsibilities of other staff members
44. Each member of the staff of the Auditor-General exercising financial management responsibilities must take all reasonable steps within his or her area of responsibility to ensure -
(a) that the system of financial management and internal control established for the administration is carried out diligently;
(b) that the financial and other resources of the Auditor-General are utilised effectively, efficiently, economically and transparently;
(c) that any irregular or fruitless and wasteful expenditure, and losses resulting from criminal conduct, are prevented;
(d) that all revenue due to the Auditor-General is collected; (e) that the provisions of this Act to the extent applicable to that staff member,
including any delegations by the Auditor-General or the Deputy Auditor- General, are complied with; and that the assets of the Auditor-General are effectively managed, safeguarded and maintained, and that liabilities are properly managed.
(jl
Irregular or fruitless and wasteful expenditure
45. (1) Without limiting liability in terms of the common law or other legislation- (a) the Deputy Auditor-General is liable for an irregular expenditure or a fruitless
and wasteful expenditure deliberately or negligently incurred or authorised by the Deputy Auditor-General, subject to subsection (2); and
(b) a staff member who deliberately or negligently incurred or authorised an irregular expenditure or a fruitless and wasteful expenditure is liable for that expenditure.
(2) If the Deputy Auditor-General becomes aware that the Auditor-General has taken a decision which, if implemented, is likely to result in irregular or fruitless and wasteful expenditure, the Deputy Auditor-General is not liable for any ensuing irregular or fruitless and wasteful expenditure provided that the Deputy Auditor-General has informed the Auditor-General, in writing, that the expenditure is likely to be irregular or fruitless and wasteful expenditure.
(3) Any decision of the Auditor-General to proceed with the implementation of the decision in subsection (2), and the reasons for the decision, must be in writing, and the Deputy Auditor-General must promptly notify the external auditor and the oversight mechanism. (4) The Deputy Auditor-General must promptly inform the Auditor-General, in
writing, of- (a) any irregular or fruitless and wasteful expenditure incurred in the administra-
tion of the Auditor-General; (b) whether any person is responsible or under investigation for such irregular or
fruitless and wasteful expenditure; and (c) the steps that have been taken-
(i) to recover or rectify such expenditure; and (ii) to prevent a recurrence of such expenditure.
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Financial misconduct by staff members
46. (1) The Deputy Auditor-General commits an act of financial misconduct if the Deputy Auditor-General deliberately or negligently -
(a) fails to comply with a requirement of section 41(1) or (3) or 43; or (b) makes or permits, or instructs any other person to make, an irregular
expenditure or a fruitless and wasteful expenditure. (2) A member of the staff of the Auditor-General commits an act of financial
misconduct if that staff member deliberately or negligently- (a) fails to carry out a duty delegated to that staff member in terms of section 48; (b) contravenes or fails to comply with a requirement of section 44 or a condition 10
of any delegation of a power or duty in terms of section 48; or (c) makes or permits, or instructs any other person to make, an irregular
expenditure or a fruitless and wasteful expenditure. (3) Financial misconduct is a ground for dismissal or suspension of, or other
appropriate sanction against, a staff member in the administration despite any other 15 legislation.
5
Applicable legal regime for disciplinary proceedings
47. A charge of financial misconduct against the Deputy Auditor-General or another staff member, must be investigated, heard and disposed of in terms of that person’s conditions of employment and any applicable provisions of the code of conduct referred 20 to in section 12(3)(b).
CHAPTER 5
GENERAL
Delegation of powers and duties
48. (1) The Auditor-General may delegate any power and duty assigned to the 25 Auditor-General in terms of this Act or any other legislation to-
(a) the Deputy Auditor-General; (b) any other member of the staff of the Auditor-General; or (c) an authorised auditor.
(2) The Deputy Auditor-General may delegate to another staff member- (a) any power and duty assigned to the Deputy Auditor-General in terms of this
Act; or (b) any power or duty reasonably necessary to assist the Deputy Auditor-General
in complying with a duty assigned in terms of this Act as accounting officer to
30
take reasonable steps to ensure the achievement of a specific result. 35 (3) A delegation in terms of subsection (1) or (2)-
(a) must be in writing; (b) is subject to any limitations, conditions and directions the Auditor-General or
Deputy Auditor-General may impose;
(d) does not divest the Auditor-General or Deputy Auditm-General of the responsibility concerning the exercise of the delegated power or the delegated duty;
(e) does not prevent the exercise of the delegated power or delegated duty by the Auditor-General or Deputy Auditor-General; and
cfl may be withdrawn at any time.
(c) may include the power to sub-delegate; 40
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(4) The Auditor-General or Deputy Auditor-General may confirm, vary or revoke any decision taken in consequence of a delegation or subdelegation in terms of this section, subject to any rights that may have accrued to a person as a result of the decision.
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Limitation of liability
49. The Auditor-General, the Deputy Auditor-General, any other staff member or any authorised auditor exercising a power or carrying out a duty in terms of this Act, is not liable in respect of any loss or damage resulting from the exercise of that power or the carrying out of that duty in good faith.
Disclosure of information
50. No authorised auditor, person assisting an authorised auditor or a member of the staff of the Auditor-General may, without the permission of the Auditor-General, disclose information obtained in the course of an audit or the carrying out of duties in terms of this Act otherwise than in an audit report or in accordance with section 18(4).
Offences and penalties
51. (1) A person is guilty of an offence if that person- (a) hinders or interferes with the Auditor-General or any person exercising a
power or carrying out a duty in terms of this Act; (b) refuses or fails to comply with a request of the Auditor-General or an
authorised auditor in terms of section 15; (c) furnishes false or misleading information when complying with a request of
the Auditor-General or an authorised auditor; or (d) contravenes section 50.
(2) The Deputy Auditor-General, as accounting officer, is guilty of an offence if he or she-
(a) deliberately or in a grossly negligent way- (i) contravenes or fails to comply with a provision of section 41( 1) or (3) or
43; (ii) fails to take steps to prevent irregular or fruitless and wasteful
expenditure; or (iii) fails to take steps to prevent corruptive practices in the management of
the assets of the Auditor-General or the receipt of money; (b) deliberately misleads or withholds information from the Auditor-General’s
external auditor on any matter relating to the administration of the Auditor-General; or
(c) deliberately provides false or misleading information in- (i) Auditor-General’s financial statements submitted to the Auditor-Gener-
al’s external auditor in terms of section 41 (3); or (ii) the Auditor-General’s annual report.
(3) A member of the staff of the Auditor-General to whom a power or duty was delegated in terms of section 48, is guilty of an offence if that official deliberately or in a grossly negligent way contravenes or fails to comply with a condition of the delegation.
(4) Any person convicted of an offence in terms of this Act, is liable to a fine or to imprisonment for a period not exceeding 12 months or to both a fine and such imprisonment.
Regulations
52. (1) The Auditor-General may make regulations pertaining to any matter to facilitate the application of this Act.
(2) The Auditor-General must, after consultation with the oversight mechanism, submit any regulations made in terms of subsection (1) to the Speaker for tabling in the National Assembly.
Repeal of legislation
53. The legislation mentioned in the second column of the table in the Schedule is hereby repealed to the extent mentioned in the third column, subject to section 54.
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'lkansitional provision
54. (1) As from the date of repeal of the legislation referred to in section 53 - (a) the person who was the Auditor-General immediately before the repeal of
such legislation, remains the Auditor-General for the unexpired part of the
(b) the person who was the Deputy Auditor-General immediately before the repeal of such legislation, remains the Deputy Auditor-General for the unexpired part of the term for which that person was appointed;
(c) a person who was an employee of the Office of the Auditor-General immediately before the repeal of such legislation, becomes an employee of the 10 Auditor-General; and
(d) all the funds, assets, liabilities, rights and obligations of the Office of the Auditor-General, including any balance in the Audit Revenue Fund, become the funds, assets, liabilities, rights and obligations of the Auditor-General.
(2) The repeal of the legislation referred to in section 53 does not affect the conditions 15 of employment of a person referred to in subsection (l)(a), (b) or (c), including any accumulated pension, leave or other benefits to which such a person was entitled immediately before the repeal of that legislation, and such a person remains subject to the same conditions of employment applicable to that person immediately before the
(3) (a) The Audit Commission established by the Audit Arrangements Act, 1992 (Act No. 122 of 1992), remains in existence until this Act comes into effect on the date mentioned in section 55.
term for which that person was appointed; 5
repeal of that legislation without a break in those conditions of employment. 20
(b) Paragraph (a) comes into effect on the date of publication of this Act.
Short title and commencement 25
55. This Act is called the Public Audit Act, 2004, and takes effect on 1 April 2004.
46 No.27121 GOVERNMENT GAZETTE, 20 DECEMBER 2004
Act No. 12 of 1995
Act No. 25,2004
Auditor-General Act, 1995 The repeal of the whole
PUBLIC AUDIT ACT, 2004
Act No 1 of 1999
SCHEDULE
REPEAL OF LEGISLATION
(Section 53)
Public Finance Management Act, 1999 hereby repealed
Sections 58,59,60,61 and 62 are
No. and year of Short title of Act Act 1 I Extent Of I Act No. 122 of Audit Arrangements Act, 1992 The repeal of the whole 1992 I