Section 8: Auditor’s report
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
8. Auditor’s report
Every auditor shall report to the Board whether—
(a) he has obtained all the information and explanations which to
the best of his knowledge and belief were necessary for the purpose of the audit;
(b) —
(c) —
(d) in his opinion, to the best of his information and according to the
explanations given to him, the financial statements give a true
and fair view of the financial performance of the statutory body
for the financial year and of its financial position at the end of
the financial year;
(e) this Act and any directions of the Minister, insofar as they relate
to the accounts, have been complied with;
(f) in his opinion, and, as far as could be ascertained from his examination of the financial statements submitted to him, any expenditure incurred is of an extravagant or wasteful nature,
judged by normal commercial practice and prudence;
(g) in his opinion, the statutory body has been applying its resources
and carrying out its operations fairly and economically.
[S. 8 amended by s. 22 (h) of Act 1 of 2009 w.e.f. 1 January 2011; s. 19 (d) of Act 20 of
2009 w.e.f. 19 December 2009; s. 17 (f) of Act 10 of 2010 w.e.f. 1 January 2011.]