Financial Management of Parliament Act, 2009 (Act No. 10 of 2009)Chapter 2 : Oversight, Executive Authority and Administration of ActPart 3 : Administration of Act11. Responsibilities of officials |
| (1) | Every official who exercises financial management responsibilities must— |
| (a) | comply with the provisions of this Act, to the extent applicable to that official; |
| (b) | comply with the terms of any delegation in terms of section 10; and |
| (c) | take all reasonable steps within that official’s area of responsibility to ensure that— |
| (i) | Parliament’s system of financial management and internal control is implemented diligently; |
| (ii) | Parliament’s financial and other resources are used effectively, efficiently, economically and transparently; |
| (iii) | any unauthorised expenditure, irregular expenditure, fruitless and wasteful expenditure and other losses are prevented, and, when such expenditure or losses occur, are reported to the Accounting Officer; |
| (iv) | all revenue due to Parliament is collected; and |
| (v) | Parliament’s assets and liabilities are managed effectively, and that assets are safeguarded and maintained to the extent necessary. |