Nursing Act, 2005 (Act No. 33 of 2005)Chapter 1 : South African Nursing Council22. Bank account of Council |
| (1) | The Council must open and maintain at least one bank account in the name of the Council. |
| (2) | All money received by the Council must be paid into its bank account promptly and in accordance with this Act and any requirements that may be prescribed. |
| (3) | Money may only be withdrawn from the bank account as prescribed. |
| (4) | The Registrar must submit the name of the bank where the account is held, and the type and number of the account, to the Auditor-General and the Director-General within 60 days of opening such bank account, |
| (5) | The Registrar must— |
| (a) | administer the bank account of the Council and must account to the Council as requested to do so, but the Minister may order the Registrar and the Council to account to him or her regarding anything concerning such bank account; and |
| (b) | ensure compliance with subsections (2) and (3) in the handling and managing of the bank account. |
| (6) | The Registrar may delegate the duties referred to in subsection (5) only to the manager in charge of finance or the chief financial officer. |