Page 64 - Parliament Budget Office Annual Report 2022-2023

Figure 12 Work structure: functional and administrative accountability lines for the clusters
Overall, the Director as Accounting Officer must provide leadership and fulfil the legislated mandate as well as other prescribed governance and accountability requirements as codified in the amended Money Bills Act.
The Money Bills Act requires the Director to “report on the activities” Office annually to Parliament within five-months after the end of each financial year. This report provides an account of the activities undertaken during the 2022/23 financial year.
4.1.3 Accountability lines: Advisory Board and Executive Authority
As a juristic office of Parliament, the Director accounts to the two Houses of Parliament through the Executive Authority of Parliament acting conjointly i.e., the Speaker of the National Assembly (NA) and the Chairperson of the National Council of Provinces (NCOP). The Director is required to consult the Advisory Board on specific matters.
The Advisory Board which has codified legislative functions and responsibilities comprises of the National Assembly House- Chairperson for Committees, National Council of Provinces House-Chairperson, and the Chairpersons of the Finance and Appropriations Committees in the NA and NCOP. The Advisory Board is required to perform specific functions and exercise certain responsibilities as prescribed in the amended Money Bills Act.
The Director together with the Advisory Board and the Executive Authority constitute the Office ‘core governance and accountability structure. The roles and responsibilities of the governance structure will be highlighted in the organisational design and development (ODD) project. The reporting lines of the Director are mapped out in the figure 13.
Parliamentary Budget Office | Parliament of the Republic of South Africa
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