Page 90 - SAMRC Annual Performance Plan 2026-27

ANNEXURES
continued

Section 55: Annual report and financial statements:
2) The annual report and financial statements referred to in subsection (1) (d) (“financial statements”) must –

a) Fairly present the state of affairs of the Public Entity, its business, its financial results, its performance against
predetermined objectives and its financial position as at the end of the financial year concerned;

b) Include particulars of—

PFMA SECTION QUANTITATIVE [AMOUNT] QUALITATIVE [NATURE]
(i) Any material losses through All instances • Report quarterly to the Minister of
criminal conduct and any irregular Health.
expenditure and fruitless and • Report annually in the Annual
wasteful expenditure that occurred Financial Statements
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 losses recovered or written
off;

(iv) Any financial assistance received
from the state and commitments
made by the state on its behalf;
and

(v) Any other matters that may be All instances, as prescribed
prescribed.

Section 56: Assignment of powers and duties by accounting authorities:

PFMA SECTION QUANTITATIVE [AMOUNT] QUALITATIVE [NATURE]
1) The accounting authority for a public entity Values excluded from the Instances that are excluded
may— Delegation of Authority from the Delegation of
(a) In writing delegate any of the powers Framework Policy. Authority Framework Policy.
entrusted or delegated to the accounting
authority in terms of this Act, to an official in
that public entity
(b) Instruct an official in that public entity to
perform any of the duties assigned to the
accounting authority in terms of this Act.
2) ,A delegation or instruction to an official in Values excluded from the Instances that are excluded
terms of subsection (1)— Delegation of Authority from the Delegation of
(a) Is subject to any limitations and conditions the Framework Policy. Authority Framework Policy.
accounting authority may impose;
(b) May either be to a specific individual or to the
holder of a specific post in the relevant public
entity; and
(c) Does not divest the accounting authority of the
responsibility concerning the exercise of the
delegated power or the performance of the
assigned duty.

88 SAMRC ANNUAL PERFORMANCE PLAN 2026/27