Files
| Attachment | Size |
|---|---|
| 42045gon1260.pdf | 204.21 KB |
5 of 2018
The Public Audit Amendment Act 5 of 2018 intends:
- to amend the Public Audit Act, 2004, so as:
- to delete certain definitions and to insert new definitions;
- to provide for certainty regarding the discretion of the Auditor-General with regard to certain audits;
- to authorise the Auditor-General to undertake performance audits and to provide audit or audit related services to an international association, body, institution or organisation;
- to provide for the Auditor-General to refer suspected material irregularities arising from an audit performed under this Act, to a relevant public body for investigation;
- to empower the Auditor-General to take appropriate remedial action;
- to provide for the Auditor-General to issue a certificate of debt where an accounting officer or accounting authority failed to recover losses from a responsible person and to instruct the relevant executive authority to collect the debt;
- to provide for the establishment, powers and functions of a remuneration committee;
- to provide for consultation between the Independent Commission for the Remuneration of Public Office-bearers and the remuneration committee;
- to provide for additional reporting requirements;
- to provide for the defraying of certain excess audit fees as a direct charge against the National Revenue Fund;
- to revise the provisions relating to the appointment of an audit committee for the Auditor-General;
- to provide that the Auditor-General makes regulations on specific issues;
- to substitute certain expressions; and
- to provide for matters connected therewith.
Commencement
- 1 April 2019 (Government Gazette 42317, 18 March 2019)
- Section 10 of this Act will come into operation when the Act envisaged in section 23(6) of the principal Act (as to be amended by this Act) takes effect.
