Exchequer Act (previously Exchequer and Audit Act) 66 of 1975

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66 of 1975

The Exchequer Act (previously Exchequer and Audit Act) 66 of 1975 intends:

  • to provide for :
    • the regulation or the collection, receipt, control, custody and issue of State moneys and the receipt, custody and control of other State property;
    • the raising and repayment of loans by the State;
    • the granting of certain loans from the State Revenue Fund and the terms and conditions in regard to the repayment of such loans;
    • the duties and powers of the Treasury; 
    • the granting of certain guarantees to the South African Reserve Bank;
    • the appointment of an Auditor-General and the auditing of certain accounts by him; and
  • matters connected therewith.

Commencement

1 April 1976

Amendments

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