TRANS - CALEDON TUNNEL AUTHORITY - Change of External Auditor from 1 April 2018

Change of External Auditor from 1 April 2018

     Trans-Caledon Tunnel Authority (TCTA)

     WS05 (LHWP) ZAG000018060
     WSP3 (LHWP) ZAG000019993
     WSP4 (LHWP) ZAG000020009
     WSP5 (LHWP) ZAG000020017

     Change of External Auditor from 1 April 2018 (2018/19 Financial Year)

     As established by Notice No 2631 in Government Gazette No 10545 of 12 December 1986, and
     revised by Notice No 277 in Government Gazette No 21017 of 24 March 2000.
     A Schedule 2 Public Finance Management Act (number 1 of 1999) entity.

     On 29 March 2018, the Auditor General informed TCTA of his intention to exercise his right, under
     Section 4(3) of the Public Audit Act (Act number 25 of 2004), to perform the statutory audit of
     TCTA from the financial year starting 1 April 2018.

     The Public Audit Act grants the Auditor General jurisdiction over public sector audits. Sections 4(3)
     and 12 of the Act allow the Auditor General to either perform audits of Public Entities listed in the
     Public Finance Management Act (Act number 1 of 1999) or to allow for such audits to be
     performed by qualifying private sector authorised auditors.

     At its meeting of 26 April 2018, the Board of TCTA resolved to accept the Auditor General's
     decision.

     The audit for the 2017/18 financial year (year to 31 March 2018) will be conducted by EY as
     scheduled. During this, the handover to the Auditor General will take place.

     EY has been TCTA's external auditor on a five year fixed-term contract for the financial years
     starting 1 April 2013 (in the financial year 2013/14) to 31 March 2018 (2017/18).

     For further information please contact:
     Nyiko Mageza, TCTA Sponsor +27 12 683 1334


                                                                                                                 PO Box 10335, Centurion, 0046
                                                                                                          TCTA, Tuinhof Building, Stinkhout Wing,
                                                                                                                     265 West Avenue, Centurion
                                                                                                     Tel: +27 12 683 1200 | Fax: +27 12 683 1361
                                                                                                Email: info@tcta.co.za | Website: www.tcta.co.za





[Chairman] Ms Z Manase; [Deputy Chairman] Mr JRD Modise; Mr S Roopa, Ms S Makhathini, Dr MJ Ellman, Mr S Kondlo, Ms T Moahloli, Mr MM Chonco
                                                 [Acting Chief Executive Officer] Prof O Busari


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