Application For Non-Profit Organisation Funding

Application For Non-Profit Organisation Funding - 2011 Page 12

Part 2

Conditions and remedial measures to comply with Section 38(1)(j) of the Public Finance Management Act, 1999 (Act 1

of 1999 as amended by Act 29 of 1999)

In instances where written assurance cannot be obtained that effective, efficient and transparent financial management

and internal control systems are implemented, the following conditions and remedial measures will apply:



The management committee will arrange to attend and subject itself to training in business management and

financial control systems.

The management committee will implement and adhere to the financial control system prescribed by the



Department.



The management committee will subject itself to monitoring and inspection of financial records on a regular basis as

conducted by officials of the Department or its representatives.



The management committee will submit audited as well as financial expenditure reports and progress reports on

training and implementation of prescribed financial systems when requested by the Department.

I, the undersigned

(print name)

in my capacity as

(position)

(organization)

hereby declare that

(organization)

will adhere to the conditions as stipulated above in order to ensure effective, efficient and transparent financial

management and internal control systems.

Signed at

(place)

on this

day of

month

year

signature

Confirmed by 2 witnesses:

signature

print name of witness

signature

print name of witness

Business Plan for Non-Profit Organisation Funding

Page 12

Application For Non-Profit Organisation Funding - 2011 Page 12