RAND WATER PROVIDENT FUND ANNUAL REPORT 2022-2023

4.2.3 In respect of Section 15B surplus

Not applicable

apportionments noted in procedure 4.1, inquire from the Fund administrator and/or inspect [include details of the document inspected] whether the Fund has maintained the Section 15B surplus apportionment for former members who could not be traced in a contingency reserve account and note the response. Surplus apportionment payments Obtain a list of all surplus apportionment payments made to members during the year from the Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior Accountant) and select a sample of the lesser of 25 or 10% of the number of payments (selected based on the selection criteria provided above), and perform the following procedures:

4.3

Not applicable.

4.3.1 Agree the amount paid to the member as per the list of surplus apportionment payments obtained in procedure 4.3 to the member’s record on the administration system, and note any differences. 4.3.2 Obtain the document(s) that indicates authorisation of the payment from the

Not applicable.

Not applicable

Fund administrator, ‘Rand Water Provident Fund’, represented by Mr. Amos Mojapelo (Senior Accountant) and agree the amount authorised to the amount paid as per the list of surplus apportionment payments obtained in procedure 4.3. Note any differences.

74 Rand Water Provident Fund Annual Report | 2022-2023