In terms of PFMA, Council is the accounting authority of PSiRA. The entity is also listed in Schedule 3A to the PFMA. Furthermore, Council has the authority to lead and exercise general control over the performance of the functions of PSiRA and of the activities of the persons appointed by it to perform its functions. Council delegates the management of the day-to-day operations of PSiRA to the Director appointed in terms of the Act. A clear and comprehensive delegation of authority is in place to assist with decision-making and furtherance of the objectives of PSiRA.
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