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In terms of Section 43 of SASA the governing body of a public school must appoint a person registered as an accountant and auditor in terms of the Public Accountants' and Auditors' Act, 1991 (Act 80/1991). If the governing body is not reasonably able to do so, it must appoint a person who is qualified to act as an accounting officer of Close Corporations. If this is also not possible, the governing body must appoint a competent person, but the approval of the Member of the Executive Council (Provincial Minister) is needed for such an appointment. Applications for approval (prescribed application form attached) must be sent to The Director: Budget Management, Western Cape Education Department, Room 7-20, Private Bag X9114, Cape Town, 8000. The requirement that the person may not have any financial interest in matters pertaining to the school is still valid. |