Public Finance Management Amendment Act

This section amends key definitions in the Public Finance Management Act, mainly to include provincial departments, provincial public entities, provincial treasuries, and related finance terms.

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Jurisdiction: South Africa
Instrument: Act or statute
Citation: Act 29 of 1999
Version: Undated source snapshot
Language: en
Updated: 30 Apr 1999
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account disclosure accounting authority accounting officer act arrangement act title audit submission betting borrowing budget appropriation budget expenditure budget reporting budget utilisation budget withdrawal budgeting commencement compliance delegation of powers departmental governance development executive authority filing financial disclosure financial management financial misconduct +46 more

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This section amends key definitions in the Public Finance Management Act, mainly to include provincial departments, provincial public entities, provincial treasuries, and related finance terms. This section amends section 3 of the principal Act and assigns certain controlling and supervisory functions to the Speaker of the provincial legislature. Section 6 is amended so that paragraph (c) requires monitoring and assessing implementation of the Act, including prescribed norms and standards, in provincial departments, public entities, and constitutional institutions. Banks holding accounts for certain public bodies must promptly disclose account information when asked by the National Treasury, the Auditor-General, or, for provincial bodies, the relevant provincial treasury. The Minister may delegate Treasury powers, request a provincial treasury to perform Treasury duties, authorize sub-delegation or instructions, and confirm, vary, or revoke decisions, subject to the stated conditions.

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Provisions of Public Finance Management Amendment Act

Showing 117 of 117

1
Section 1 of the Public Finance Management Act, 1999 (Act No. 1 of 1999)
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AI-assisted research summary: This section amends key definitions in the Public Finance Management Act, mainly to include provincial departments, provincial public entities, provincial treasuries, and related finance terms.

1. Section 1 of the Public Finance Management Act, 1999 (Act No. 1 of 1999) (hereinafter referred to as the principal Act), is hereby amended by— ,. (a) ([>) the substitution for the definition of “department” of the following definition: “ ‘department’ means a national or provincial department:”; the substitution for the definition of “executive authority.. of the following definition: “ ‘executive authority’— (a) in relation to a national department, means the Cabinet member who is accountable to Parliament for that department; [and] (1>) in relation to a provincial department, ”means the member of the Executive Council of a province who is accountable to the provincial Ie.rislature for that department: — [(b)](c) in relation to o nationol public entity, means the Cabinet member who is accountable to Parliament for that public entity or in whose portfolio It falls: and (d) in rel=on to a prokrincial public entity. means the member of the 5 10 15 (c) (d) provincial Executive Council who is accountable to the provincial 20 legislature for that public entity or in whose portfolio it falls:”; the deletion in paragraph (l)) of the definition of .. financial year.’ of the word “national”; the addition at the end of paragraph (l)) of the definition of “irregular expenditure.’ of the word .’or”, and after that paragraph the following 25 paragraph: “(c) any provincial legislation providing for procurement procedures in that provincial Qovemment:”; (e) the substitution in the definition of “main division within a vote” for paragraph (b) of the following pamgmph: 30 4 so. 1997s Act No. 29.1999 GO\’ERNMENT G.AZETTE. 3[) APRIL 1999 PUBLIC HNANCE MANAGEMENT AMENDMENT ACT. 1999 .’(b) is approved by Parliament or a provincial legislature, as may be appropriate, as part of the vote;”; w) (g) the insertion after the definition of “main division within a vote” of the following definition: “ ‘MEC for finance’ means the member of an Executive Council of a 5 province responsible for finance in the province;”; the insertion after the definition of “prescribe” of the following definitions: “ ‘provincial department’ means— (a) a provincial administration listed in Schedule 1 of the Public Service Act, 1994; or (b) a department within a provincial administration and listed in Schedule 2 of that Act: ‘provincial government business enterprise’ means an entity which— (a) is a juristic person under the ownership control of a provincial executive; (b) has been assigned financial and operational authority to carry on a business activity; (c) as its principal business, provides goods or services in accordance with ordinary business principles; and (d) is financed fully or substantially from sources other than— (i) a Provincial Revenue Fund; or (ii) by way of a tax, levy or other statutory money; ‘provincial public entity’ means— (u) a provincial government business enterprise; or (b) a board, commission, company, corporation, fund or other entity (other than a provincial government business enterprise) which is— ~ (i) established in terms of legislation or a provincial constitution; (ii) fully or substantially funded either from a Provincial Revenue Fund or by way of a tax, levy or other money imposed in terms of legislation; and (iii) accountable to a provincial legislature; ‘provincial treasury’ means a treasury‘established in terms of section 17;”; the substitution for the definition of “public entity” of the following definition: “ ‘public entity’ means a national or provincial public entity;”; the addition at the end of paragraph (a) of the definition of “Revenue Fund” of the word “or”, and after that paragraph the following paragraph: “(b) a Provincial Revenue Fund mentioned in section 226 of the Constitu- tion:”: the addition at the end of paragraph (a) of the definition of “trading entity” of the word “or”, and after that paragraph the following paragraph: “(b) in the case of a provincial department, with the approval of the relevant provincial treasury acting within a prescribed framework;”; the substitution for the definition of “treasury” of the following definition: “ ‘treasury’ means the National Treasury or “a provincial treasu-~, as maybe appropriate in the circumstances;”; and the substitution in the definition of “vote” for paragraph (b) of the following paragraph: “(b) is separately approved by Parliament or a provincial legislature, as may be appropriate, before it approves the relevant draft appropriation Act as such.”. 10 15 20 25 30 35 40 45 50 (h) (i) (j) (k) (1) (1 N(). IYY7S .\ct N(). 29.1999 Gol’ERN~lEXT GAZETTE. .30 ,4[’RIL lYY9 — PLBLIC FIX.ANCE klANAGEh4ENT .4\l EXDVENT .4 CT. 1999 Amendment of section 3 of Act 1 of 1999
2
Sec[ion 3 of the principal Act is hereby amended by—
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AI-assisted research summary: This section amends section 3 of the principal Act and assigns certain controlling and supervisory functions to the Speaker of the provincial legislature.

2. Sec[ion 3 of the principal Act is hereby amended by— (a) the substitution for paragraph (d) of subsection(1) of the following paragraph: “(d) Parliament and the provincial legislatures, subject to subsection (2). : and (/7) the addition at the end of paragraph (u) of subsection (2) of the word “and.., and after that paragraph the following paragraph: “(b) a provincial legislature. any controlling and supervisory functions of the National Treasury and a provincial treasury in terms of that provision are performed by the Speaker of the provincial legislature.”. 5 10 Amendment of section 6 of Act 1 of 1999
3
Section 6 of the principal Act is hereby amended by the substitution for paragraph
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AI-assisted research summary: Section 6 is amended so that paragraph (c) requires monitoring and assessing implementation of the Act, including prescribed norms and standards, in provincial departments, public entities, and constitutional institutions.

3. Section 6 of the principal Act is hereby amended by the substitution for paragraph (c) of subsection (2) of the following paragraph: “(c) must monitor and assess the implementation of this Act, includin& any prescribed norms and standards, in provincial departments, in [national] public entities and in constitutional institutions;”. 15 Amendment of section 7 of Act 1 of 1999
4
Section 7 of the principal Act is hereby amended by the substitution for subsection
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AI-assisted research summary: Banks holding accounts for certain public bodies must promptly disclose account information when asked by the National Treasury, the Auditor-General, or, for provincial bodies, the relevant provincial treasury.

4. Section 7 of the principal Act is hereby amended by the substitution for subsection (5) of the following subsection: “(5) A bank which has opened a bank account for a department, a public entity listed in Schedule 3 or a constitutional institution, or any other institution that holds money for a department, a public entity listed in Schedule 3 or a constitutional institution, must promptly disclose information regarding the account when so requested by the National Treasury or the Auditor-General, or, in the case of a provincial department or provincial public entity, by the National Treasury, the Auditor-General or the relevant provincial treasury.’.. Amendment of section 10 of Act 1 of 1999
5
Section 10 of the Drinciual Act is hereby amended by—
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AI-assisted research summary: The Minister may delegate Treasury powers, request a provincial treasury to perform Treasury duties, authorize sub-delegation or instructions, and confirm, vary, or revoke decisions, subject to the stated conditions.

5. Section 10 of the Drinciual Act is hereby amended by— . . (a) (b) (c) (d) the addition at the end of paragraph (a) of subs~ction ( 1 ) of the word “and”, and after that paragraph the following paragraph: “(b) in relation to a provincial department or provincial public entity, in writing delegate any of the powers entrusted to the National Treasury in terms of this Act to a provincial treasury, or request that treasury to perform any of the duties assigned to the National Treasury in terms of this Act. as the Minister and the relevant MEC for finance may agree.”: the substitution in subsection (2) for the words preceding paragraph (a) of the following words: “(2) A delegation. instruction or request in terms of subsection (1) to the head of a department forming part of the National Treasury. or to a provincial =—”; the deletion at the end of paragraph (b) of subsection (2) of the word “and”; the insertion after paragraph (b) of subsection (2) of the following paragraph: .’(c) may authorise a provincial treasury, in the case of subsection ( 1 )(b)— (i) to sub-delegate. in writing, the delegated power to an official in that provincial treasury, or to the holder of a specific post in that provincial treasury, or to the accounting officer for a provincial department, or to the accounting authority for a provincial public entity; or (ii) to instruct an official in that provincial treasury, or the holder of a specific post in that provincial treasury, or the accounting officer for a provincial department, or the accounting authority for a provincial public entity. to perform the assigned duty; and”; and 20 25 30 35 40 45 50 . s so, 199-s ,\Ct NO. 29.1999 (;()\’ERNk{ENT GAZETTE, 30 APRIL 1999 PLBLIC FINANCE MANAGEMENT AklENDMENT ACT. IY9Y (CJ) by the substitution for subsection (3) of the following subsection: .’(3) The Minister may confirm, vary or revoke any decision taken by the head of a department forming part of the National Treasury, or by a provincial treasu~ as a result of a delegation, instruction or request in terms of subsection ( 1)(a) or (b), or by a treasury official or accounting officer or 5 accounting authority as a result of an authorisation in terms of subsection (~)(b) or (c). subject to any rights that may have become vested as a consequence of the decision.”. Insertion of Chapter 3 in Act 1 of 1999
6
The following Chapter is hereby inserted in the principal Act after Chapter 2:
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AI-assisted research summary: The section creates provincial treasuries and sets out their budget, reporting, fund-management, delegation, and emergency-spending rules.

6. The following Chapter is hereby inserted in the principal Act after Chapter 2: 10 “CHAPTER 3 PROVINCML TREASURIES AND PROVINCML REVENUE FUNDS Part 1: Provinctil treasuries Establishment 17. (1) There is a provincial treasury for each province, consisting of— (a) the MEC for finance in the province, who is the head of the provincial treasury; and (b) the provincial department responsible for financial matters in the province. (2) The MEC for finance as the head of a provincial treasury takes the policy and other decisions of the treasury, except those decisions taken as a result of a delegation or instruction in terms of section 20. Functions and pourers 18. (1) A provincial treasury must— (u) prepare the provincial budget; (b) exercise control over the implementation of the provincial budget; (c) promote and enforce transparency and effective management in respect of revenue, expenditure, assets and liabilities of provincial departments and provincial public entities; and 15 lo 25 (d) ensure that its fiscal policies do not materially and unreasonably prejudice 30 national economic policies. (2) A provincial treasury— (a) must issue provincial treasury instructions not inconsistent with this Act; (b) must enforce this Act and any prescribed national and provincial norms and standards, including any prescribed standards of generally recognised accounting practice and uniform classification systems, in provincial depart- ments; (c) must comply with the annual Division of Revenue Act, and monitor and assess 35 the implementation of that Act in provincial public entities; (d) must monitor and assess the implementation in provincial public entities of 40 national and provincial norms and standards; (e) may assist provincial departments and provincial public entities in building their capacity for efficient, effective and transparent financial management; v) may investigate any system of financial management and internal control applied by a provincial department or a provincial public entity; (g) must intervene by taking appropriate steps, which may include the withhold- ing of funds, to address a serious or persistent material breach of this Act by a provincial department or a provincial public entity; (/1) must promptly provide any information required by the National Treasury in terms of this Act; and (i) may do anything further that is necessary to fulfil its responsibilities 15 jO effectively. I () S(1 l~)Y7s ,Act X(). 29, 1999 G()\”ERNVENT GAZETTE. 30 .4PRIL 1999 P[”BLIC FIN.+NCE MAX,4GEMENT ,\31END\{ENT ACT. I Y99 Annual consolidated financial statements 19. (1) A provincial treasu~ must— (n) prepare consolidated financial statements, in accordance with generally recognised accounting practice, for each financial year in respect of— (i) provincial departments in the province; (ii) public entities under the ownership control of the provincial executive of the prolince: and (iii) the provincial legislature in the province; and (b) submit those statements to the Auditor-General within three months after the end of that financial year. (2) The Auditor-General must audit the consolidated financial statements and submit an audit report on the statements to the provincial treasury of the province concerned within three months of receipt of the statements. (3) The MEC for finance in a province must submit the consolidated financial statements and the audit report, within one month of receiving the report from the Auditor-General, to the provincial legislature for tabling in the legislature. (4) The consolidated financial statements must be made public when submitted to the provincial le&islature. (5) If the MEC for finance fails to submit the consolidated financial statements and the Auditor-General’s audit report on those statements to the provincial legislature within seven months after the end of the financial year to which those statements relate— (a) the MEC must submit to the legislature a written explanation setting out the reasons why they were not submitted; and (b) the Auditor-General may issue a special report on the delay. Delegations by provincial treasuries 5 10 15 20 25 20. (1) The MEC for finance in a province may, in writing, delegate any of the powers entrusted or delegated to the provincial treasury in terms of this Act to the head of the department referred to in section 17(1)(b), or instruct that head of department to perform any of the duties assigned to the provincial treasury in terms of this Act. (2) A delegation or instruction in terms of subsection (1) to the head of the department 30 referred to in section 17(1 )(b)— (a) is subject to any limitations or conditions that the MEC for finance may impose; (b) may authorise that head— (i)- (ii) to, in writing, sub-delegate the delegated power to another treasury official or the holder of a specific post in that treasury, or to the accounting officer for a provincial department, or to the accounting authority for a provincial public entity in the province; or to instruct another provincial treasury official or the holder of a specific post in that treasury, or the accounting officer for a provincial department, or the accounting authority for a provincial public entity in the province. to perform the assigned duty; and (c) does not divest the MEC for finance of the responsibility concerning the exercise of the delegated power or the performance of the assigned duty. (3) The MEC for finance may confirm, vary or revoke any decision taken by the head of the department referred to in section 17(1 )(b), as a result of a delegation or instruction in terms of subsection (]). or by a treasury official or accounting officer or accounting authority as a result of an authorisation in terms of subsection (2)(b), subject to any rights that may have become vested as a consequence of the decision. 35 40 $5 Part 2: Provi!tcial Reve)zue Fu)lds 50 l Control of Provincial Revenue Funds 21. (1) The provincial treasury of a province is in charge of that province’s Provincial Revenue Fund and must enforce compliance with the provisions of section 226 of the Constitution, namely that— 55 12 X(). 19Yj S :\ct No. 29.1999 GO\ ’ERNhf ENTG.AZETTE. 30 APRII, 19YY PUBLIC FINANCE MAN.% GEMENT .AMENDhfENT ACT. 1999 (a) all money recei\ed b! the provincial government must promptly be paid into the Fund, except money reasonably excluded by this Act or another Act of parliament; and (b) no money ma! be withdrawn from the Fund except— (i) in terms of an appropriation by a provincial Act; or (ii) as a direct charge against the Fund when it is provided for in the 5 Constitution or a provincial Act. (2) Money that must be paid into the Provincial Revenue Fund is paid into the Fund by depositing it into a bank account of the Fund in accordance with any requirements that may be prescribed. 10 (3) A provincial treasury must establish appropriate and effective cash management and banking arrangements for its Provincial Revenue Fund in accordance with the framework that must be prescribed in terms of section 7. Deposits into Provincial Revenue Funds 22. (1) All money received by a provincial government, including the province’s equitable share, and grants made to it, in terms of the annual Division of Revenue Act, must be paid into the province’s Provincial Revenue Fund, except money received by— (a) the provincial legislature in the province; (b) a provincial public entity in tie province; (c) the provincial government from donor agencies which in terms of legislation or the agreement with the donor, must be paid to the Reconstruction and “Development Programme Fund; (d) a provincial department in the province— (i) operating a trading entity, if the money is received in the ordinary course of operating the trading entity; (ii) in trust for a specific person or category of persons or for a specific 15 20 25 purpose; (iii) from another department to render an agency service on behalf of that department; (iv) in terms of the annual Division of Revenue Act, if the money is exempted 30 by that Act from payment into the Revenue Fund; or (v) if the money is of a kind described in Schedule 4. (2) The exclusion in subsection (1)(b) does not apply to a provincial public entity in the province which is not listed in Schedule 3 but which, in terms of section 47, is required to be listed. (3) Draft legislation that excludes money from payment into a Provincial Revenue Fund may be introduced in Parliament only after the Minister has been consulted on the reasonableness of the exclusion and has consented to the exclusion. (4) Any legislation inconsistent with subsection (1) is of no force and effect to the extent of the inconsistency. (5) Money received by a provincial legislature or a provincial public entity listed in Schedule 3 must be paid into a bank account opened by the entity concerned. Withdrawal of exclusions from Provincial Revenue Funds 23. (1) The National Treasury, after having consulted the relevant provincial treasury, may withdraw, from a date determined by it, any exclusion granted to a provincial department or provincial public entity in terms of section 22(1), either with regard to all money or with regard to money of a specific kind received by that department or public entity, if— (a) the exclusion is not reasonable within the context of section 226 of the 35 $0 $5 Constitution; or 50 . (b) the National Treasury regards the withdrawal of the exclusion to be necessary for transparency or more effective and accountable financial management. (2) The exclusion in terms of section 22(1) of a provincial government business enterprise which is a company and in which the relevant province is not the sole shareholder, may not be withdrawn, provided the National Treasury has given its prior 55 \ct N().2Y. IYY9 PUBLIC FINANCE \l.AN.AGEMENT .+hfEND31ENT ACT. 1999 written approval to the prot’ince to participate in a company that is not wholly owned by the province. (3) From the date on \vhich the withdrawal of an exclusion in terms of subsection ( 1 ) takes effect until the end of the relevant financial year, a provincial treasury may transfer money from the Provincial Re\’enue Fund. as a direct char&e against the Fund, to the provincial department or provincial public entity affected by the withdrawal of the exclusion— (a) if a provincial Act pro~fides for the transfer to be a direct charge; and (b) provided that the amount of the transfer does not exceed the amount that would otherwise have been excluded from payment into the Fund. (4) The Minister must promptly inform Parliament of any withdrawal of an exclusion in terms of subsection ( 1). V’ithdrawals and investments from Provincial Revenue Funds 24. (1) Only a provincial treasury may withdraw money from a Provincial Revenue Fund, and may do so only— (a) to provide funds that have been authorised— (i) in terms of an appropriation by a provincial Act: or (ii) as a direct charge against the Provincial Revenue Fund provided for in the Constitution or a provincial ACL (b) to refund money incorrectly paid into, or which is not due to, the Provincial Revenue Fund: or (c) to deposit into or invest money in the National Revenue Fund. (2) A payment in terms of subsection (1)(b) or (c) is a direct charge against a Provincial Revenue Fund if a provincial Act so provides. (3) (a) A provincial treasury, in accordance with a prescribed framework, may invest temporarily in the Republic money in the province’s Provincial Revenue Fund that is not immediately needed. (b) When money in a Provincial Revenue Fund is invested, the investment, including interest earned, is regarded as part of that Fund. Use of funds in emergency situations 25. (1) The MEC for finance in a province may authorise the use of funds from that province’s Provincial Revenue Fund to defray expenditure of an exceptional nature which is currently not provided for and which cannot, without serious prejudice to the public interest in the province. be postponed to a future appropriation by the provincial le&islature. (2) The combined amount of any authorisations in terms of subsection (1) may not exceed two per cent of the total amount appropriated in the annual provincial budget for the current financial year. (3) An amount authorised in terms of subsection (1) is a direct charge against the Provincial Revenue Fund if a provincial Act so provides. (4) An amount authorised in terms of subsection (1) must— (a) be repofled to the provincial legislature and the Auditor-General within 14 days; and (1?) be attributed to a vote. (5) A report to a provincial legislature in terms of subsection (4)(a) must be submitted to the provincial legislature for tabling in the legislature and made public. (6) Expenditure in terms of subsection (1) must be included either in the next provincial adjustments budget for the financial year in which the expenditure is authorised. or in other appropriation legislation tabled in the provincial legislature within 120 days of the MEC for finance in the province authorisin& the expenditure, whichever is the sooner.”. Substitution of heading in Chapter 4 of Act 1 of 1999

Part

Schedule 3 must be paid into a bank account opened by the entity concerned.

8
The heading “NATIONAL BUDGETS” in Chapter 4 of the principal Act is
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AI-assisted research summary: The Chapter 4 heading “NATIONAL BUDGETS” is replaced with “NATIONAL AND PROVINCIAL BUDGETS”.

8. The heading “NATIONAL BUDGETS” in Chapter 4 of the principal Act is hereby substituted for the following heading: “NATIONAL AND PROVINCIAL BUDGETS”. 5 10 15 20 25 30 35 40 45 50 , 55 I (3 A(?. 19978 ,\ct No. 29.1999 G()\’ERNhl ENT G,% ZETTE. .70 ,\PRIL 1099 P1,”B1.lC F1N,4SCE NIANAGEMENT .4 NIENDAIENT ACT. 1999 Substitution of section 26 of Act 1 of 1999
9
The following section is hereby substituted for section 26 of the principal Act:
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AI-assisted research summary: Section 9 substitutes a new section 26 of the principal Act, titled “Annual appropriations.”

9. The following section is hereby substituted for section 26 of the principal Act: “Annual appropriations
26
Parliament and each provincial legislature must appropriate money
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AI-assisted research summary: Parliament and each provincial legislature must appropriate money each financial year for the state and the province, respectively.

26. Parliament and each provincial legislature must appropriate money for each financial year for the requirements of the state and the province, 5 respectively. .’. Amendment of section 27 of Act 1 of 1999
10
Section 27 of the principal Act is hereby amended by—
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AI-assisted research summary: The provincial finance MEC must table the provincial annual budget within two weeks after the national annual budget is tabled, unless the Minister approves more time. Accounting officers must also submit measurable objectives when the annual budget is introduced.

10. Section 27 of the principal Act is hereby amended by— (a) the insertion after subsection (1) of the following subsection: “(2) The MEC for finance in a province must table the provincial annual 10 budget for a financial year in the provincial legislature not later than two weeks after the tablin,~ of the national annual budget, but the Minister may PP rove an extension of time for the tabling of a provincial budget.”; (b) ;he substitution for paragraph (e) of subsection (3) of the following paragraph: “(e) estimates of revenue excluded in terms of section 13(1) or 22( 1] from the 15 relevant Revenue Fund for that financial year;”; (c) the substitution for paragraph (fl of subsection (3) of the following paragraph: “&) estimates of all direct charges against the relevant Revenue Fund and standing appropriations for that financial year;”; and (d) the substitution for subsection (4) of the following subsection: 20 “(4) When the annual budget is introduced in the National Assembly or a provincial legislature, the accounting officer for each depmment must submit to Parliament or the provincial legislature, as maybe appropriate, measurable objectives for each main division within the department’s vote. The relevant treasury may co-ordinate these submissions and consolidate them in one 25 document.”. Amendment of section 28 of Act 1 of 1999
11
Section 28 of the principal Act is hereby amended by the substitution in subsection
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AI-assisted research summary: The Minister and the MEC for finance in a province must table a multi-year budget projection every year in the National Assembly and the provincial legislature, respectively.

11. Section 28 of the principal Act is hereby amended by the substitution in subsection (1) for the words preceding paragraph (a) of the following words: “(1 ) The Minister and the MEC for finance in a province must annually table in 30 the National Assembly and in that province’s provincial legislature, respectively, a multi-year budget projection of—”. Amendment of section 29 of Act 1 of 1999
12
Section 29 of the principal Act is hereby amended by—
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AI-assisted research summary: Section 29 is amended to allow withdrawals from the relevant Revenue Fund when an annual budget has not yet been passed, and to say those withdrawals count as part of the year’s appropriated funds.

12. Section 29 of the principal Act is hereby amended by— (a) the substitution for subsection ( 1 ) of the following subsection: “(l) If an annual budget is not passed before the start of the financial year to which it relates. funds may be withdrawn in accordance with this section from the relevant Revenue Fund for the services of the state or the province concerned during that financial year as direct charges against the Fund until the budget is passed..’; the substitution for subsection (3) of the following subsection: “(3) The funds provided for in subsection (1) are not additional to funds appropriated for the relevant financial year, and any funds withdrawn in terms of that subsection must be regarded as forming part of the funds appropriated in the relevant annual budget for that financial year.”; and the addition after subsection (3) of the following subsection: “(4) This section does not apply in respect of a province unless a provincial Act provides that the withdrawal of funds in terms of this section is a direct charge against that province’s Revenue Fund.”. (b) (c) 35 40 45 ~ :> A< !Q1.)b ,Icl so. 2Y. 1999 cio\ EUNLf E.KT CJ..IZE.TTE. 30 .\PRi L [’)9’) P~BLIC FIN,A\CE 31ANAGEMENT ,AJIEN’[)\l EST ACT. 1 Y99 Insertion of section 31 in Act 1 of 1999
13
The following section is hereby inserted in the principal Act after section 30:
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AI-assisted research summary: The provincial finance MEC may table an adjustments budget, the Minister may set its timing and format, and provincial treasuries must submit revenue-and-expenditure statements to the National Treasury on a regular deadline.

13. The following section is hereby inserted in the principal Act after section 30: “Provincial adjustments budgets 31. ( 1 ) The MEC for finance in a province may table an adjustments 5 budget in the provincial legislature, subject to subsection (3). (2) An adjustments budget of a province may only provide for— (e) (a) (b) (c) (d) the appropriation of funds tha~ have become available to the province; unforeseeable and unavoidable expenditure recommended by the provincial Executive Council of the province within a framework determined by the Minister; any expenditure in terms of section 25; money to be appropriated for expenditure already announced by the MEC for finance during the tabling of the annual budget; the shifting of funds between and within votes or to follow the transfer of functions in terms of section 42; the utilisation of savings under a main division within a vote for the de frayment of excess expenditure under another main division within the same vote in terms of section 43; and the roll-over of unspent funds from the preceding financial year. (3) The Minister may determine the time “when an-adjustments budget may be tabled in a provincial legislature, as well as the format for such budgets.’.. (s) f) Amendment of section 32 of Act 1 of 1999 14, Section 32 of the principal Act is hereby amended by the insertion after subsection ) of the following subsection: “(2) After &e end of a prescribed period, but at least quarterly, every provincial treasury must submit to the National Treasury a statement of revenue and expenditure with regard to the Revenue Fund for which that treasury is responsible, for publication in the national Goveritmerlt Gazerte within 30 days after the end of each prescribed period.’.. Amendment of section 33 of Act 1 of 1999
15
Section 33 of the principal Act is hereby amended by the substitution for the
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AI-assisted research summary: This provision amends section 33 of the principal Act by substituting certain words.

15. Section 33 of the principal Act is hereby amended by the substitution for the words preceding paragraph (a) of the following words: “The relevant treasury-’.. Substitution of section 34 of Act 1 of 1999
16
The following section is hereby substituted for section 34 of the PrinciPal Act:
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AI-assisted research summary: Unauthorised expenditure only becomes a charge against a Revenue Fund if Parliament or the relevant provincial legislature approves or authorises it.

16. The following section is hereby substituted for section 34 of the PrinciPal Act: 10 15 ~o 25 30 35 “Unauthorised expenditure 34. (1) Unauthorised expenditure does not become a charge against a Revenue Fund except when— (a) the expenditure is an overspendin& of a vote and Parliament or a provincial legislature, as may be appropriate. approves, as a direct 40 Ict N(). 29.1999 PUBLIC FIN+\NCE MAN.4GEMENT .\\fEND\lENT ACT. 1999 charge against the relesant Revenue Fund. an additional amount for that \ote which covers the overspending; or (b) the expenditure is unauthorised for another reason and Parliament or a provincial Iesislature, as may be app ropriate, authorises the expen~ ture as a direct charge against the relevant Revenue Fund. (2) If Parliament or a provincial legislature does not approve in terms of subsection ( 1 )~a) an additional amount for the amount of any overspending, that amount becomes a charge against the funds allocated for the next or future financial years under the relevant vote.”. Insertion of section 3j in Act 1 of 1999
17
The following section is hereby inserted in the principal Act after section 34:
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AI-assisted research summary: This section inserts a new section after section 34 in the principal Act, titled “Unfunded mandates”.

17. The following section is hereby inserted in the principal Act after section 34: “Unfunded mandates
35
Draft national legislation that assigns an additional function or power
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AI-assisted research summary: Draft national legislation affecting a provincial government must include a memorandum that gives a projection of the financial implications to the province.

35. Draft national legislation that assigns an additional function or power to, or imposes any other obligation on, a provincial government, must, in a memorandum that must be introduced in Parliament with that legislation, give a projection of the financial implications of that function, power or obligation to the pro~ince. ”. Amendment of section 36 of Act 1 of 1999
18
Section 36 of the principal Act is hereby amended by—
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AI-assisted research summary: The relevant treasury may, in exceptional circumstances, appoint a different accounting officer in writing, and may later withdraw that approval or instruction in writing.

18. Section 36 of the principal Act is hereby amended by— (a) the substitution in subsection (3) for the words preceding paragraph (a) of the following words: “(3) The relevant treasury may, in exceptional circumstances, approve or instruct in writing that a person other than the person mentioned in subsection (2) be the accounting officer for—”; and the substitution for subsection (4) of the following paragraph: “(4) The relevant treasury may at any time withdraw in writing an approval (b) or instruction in terms of subsection (3).”. Amendment of section 38 of Act 1 of 1999
19
Section 38 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: On discovering unauthorised, irregular, or fruitless and wasteful expenditure, the person must immediately report it in writing to the relevant treasury, and also to the relevant tender board if the irregular expenditure involves procurement of goods or services.

19. Section 38 of the principal Act is hereby amended by the substitution for paragraph (g) of subsection (1) of the following paragraph: “(g) on discovery of any unauthorised, irregular or fruitless and wasteful expenditure, must immediately report, in writing, particulars of the expendi- ture to the relevant treasury and in the case of irregular expenditure involving the procurement of goods or services, also to the relevant tender board;”. Amendment of section 39 of Act 1 of 1999
20
Section 39 of the principal Act is hereby amended by—
Verify source ↗

AI-assisted research summary: Section 39 is amended so that the relevant person must report certain impending matters to the executive authority and relevant treasury, and comply with remedial measures imposed by the relevant treasury to prevent overspending.

20. Section 39 of the principal Act is hereby amended by— (a) the substitution in paragraph (b) of subsection (2) for the words preceding subparagraph (i) of the foIlowing words: “(b) report to the executive authority and the relevant treasury any impend- ing—”; and (b) the substitution for paragraph (c) of subsection (2) of the following paragraph: “(c) comply with any remediaI measures imposed by the relevant ~reasury in terms of this Act to prevent overspending of the vote or a main division within the vote.”. 5 10 15 20 25 30 35 40 . 22 so. 1997s :\ct No. 29. 1999 G()\’ERN\(i;NT G.AZETTE. 30.APR1l. 19Y<) PUBLIC FINANCE N$ANAGE%lENT ,A\lESDNfEXTACT. 1999 Amendment of section 40 of Act 1 of 1YY9
21
Section 40 of the principal Act is hereby amended by—
Verify source ↗

AI-assisted research summary: Departments and related public bodies must submit financial and reporting information to the relevant treasury, and sometimes to the executive authority, Parliament, the provincial legislature, or the Auditor-General, within the stated time limits.

21. Section 40 of the principal Act is hereby amended by— (a) the substitution of subparagraph (ii) of subsection (1 )(c) of the following subparagraph: “(ii) the rele\7ant treasury to enable that treasury to prepare consolidated 5 financial statements in terms of section 8 or 19;”; (b) the substitution in paragraph (d) of subsection (1) for the words preceding subparagraph (i) of the following words: “(d) must submit within five months of the end of a financial year to the relevant treasury and, in the case of a department or trading entity, also to the executive authority responsible for that department or trading entity—..: (c) the substitution for paragraph V) of subsection (1) of the following paragraph: “~) is responsible for the submission by the department or constitutional institution of all reports, returns, notices and other information to Parliament, the relevant provincial legislature, an executive authority, the rele\ant treasury or the Auditor-General, as may be required by this Act.”; (d) the substitution for paragraph (a) of subsection (4) of the following paragraph: “~a) each year before the beginning of a financial year provide tie relevant treasury in the prescribed format with a breakdown per month of the anticipated revenue and expenditure of that department for that financial year;”; and (e) the substitution in paragraph (c) of subsection (4) for the words preceding subparagraph (i) of the following words: “(c) within 15 days of the end of each month submit to the relevant treasury and the executive authority responsible for that department-’.. Substitution of section 41 of Act 1 of lYYY
22
The following section is hereby substituted for section 41 of the principal Act:
Verify source ↗

AI-assisted research summary: This section replaces section 41 of the principal Act with a section titled “Information to be submitted by accounting officers”.

22. The following section is hereby substituted for section 41 of the principal Act: “Information to be submitted by accounting officers
41
An accounting officer for a department, trading entity or constitu-
Verify source ↗

AI-assisted research summary: An accounting officer for a department, trading entity, or constitutional institution must submit prescribed or requested information and documents to the relevant treasury or the Auditor-General.

41. An accounting officer for a department, trading entity or constitu- tional institution must submit to the relevant treasury or the Auditor- General, such information, returns, documents, explanations and motiva- tions as maybe prescribed or as the relevant treasury or the Auditor-General may require..’. 10 15 20 25 30 35 Amendment of section 42 of Act 1 of 1999
23
Section 42 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: The accounting officer for the transfemin& department must file a signed inventory copy with the relevant treasu~ and the Auditor-General within 14 days of the transfer.

23. Section 42 of the principal Act is hereby amended by the substitution for subsection (3) of the following subsection: “(3) The accounting officer for the transfemin& department must file a copy of the signed inventory with the relevant treasu~ and the Auditor-General within 14 days of the transfer . . . . 40 Amendment of section 43 of Act 1 of 1YY9
24
Section 43 of the principal Act is hereby amended bY—
Verify source ↗

AI-assisted research summary: An accounting officer may use a saving for excess spending within the same vote, unless the relevant treasury directs otherwise, and must report the use within seven days to the department’s executive authority and the relevant treasury.

24. Section 43 of the principal Act is hereby amended bY— (a) the substitutio~ for subsection ( 1 ) of the following subsection: (b) “(1) An accountin& officer for a department may utilise a saving in the amount appropriated under a main division within a vote tow~ds the defrayment of excess expenditure under another main division within the same vote, unless the relevant treasury directs otherwise...: the substitution for sub=n (3) of the following subsection: “(3) An accounting officer must within seven days submit a report containing the prescribed particulars concerning the utilisation of a saving in terms of subsection (1). to the executive authorit>’ responsible for the department and ~ the relevant treasury.”; and 45 l 50 24 N(1. I 9978 Act No. 29.1999 G()\’ERN.MENT G.AZE~E. 30 .4PR1L 1999 PLIBLIC ~NANcE MANAGEMENT ,<\fENDkfENT ACT. 1999 (c) the substitution for subsection (5) of the following subsection: “(5) A utilisation of a saving in terms of subsection (1) is a direct charge against the relevant Revenue Fund provided that, in the case of a province. that pro~ince enacts such utilisation as a direct charge.”. Amendment of section 44 of Act 1 of 1999
25
Section 44 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: This provision amends section 44 by replacing paragraph (a) of subsection (2), and the new wording allows the relevant treasury to impose limitations and conditions.

25. Section 44 of the principal Act is hereby amended by the substitution for paragraph (a) of subsection (2) of the following paragraph: “(a) is subject to any limitations and conditions prescribed in terms of this Actor as the relevant treasury may impose;”. Amendment of section 47 of Act 1 of 1999
26
Section 47 of the principal Act is hereby amended by the substitution for
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AI-assisted research summary: This section amends section 47(4)(b) of the principal Act by replacing the listed paragraph with wording about a public institution outside the sphere of national or provincial government.

26. Section 47 of the principal Act is hereby amended by the substitution for paragraph (b) of subsection (4) of the following paragraph: “(b) any public institution which functions outside the sphere of national ~ provincial government ; and”. Amendment of section 48 of Act 1 of 1999 5 10 15
27
Section 48 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: The Minister may, by notice in the national Government Gazette, classify public entities listed in Schedule 3 under the relevant definitions in section 1.

27. Section 48 of the principal Act is hereby amended by the substitution for subsection (1) of the following subsection: “(1 ) The Minister may by notice in the national Government Gazerte classify public entities listed in Schedule 3 in accordance with the relevmt definitions set out in section 1, as— 20 (a) national government business enterprises; [and] [b) provincial government business enterprises; [(b)]~ national public entities@ fd) provincial public entities.”. Amendment of section 49 of Act 1 of 1999
28
Section 49 of the principal Act is hereby amended by—
Verify source ↗

AI-assisted research summary: The relevant treasury may, in exceptional circumstances, approve or instruct that another public-entity functionary be the accounting authority, and may withdraw that approval or instruction at any time.

28. Section 49 of the principal Act is hereby amended by— (a) the substitution for subsection (3) of the following subsection: “(3) The relevant treasury, in exceptional circumstances, may approve or instruct that another functionary of a public entity must be the accounting authority for that public entity.”; and (b) the substitution for subsection (4) of the following subsection: “(4) The relevant treasury may at any time withdraw an approval or instruction in terms of subsection (3).”. Amendment of section 51 of Act 1 of 1999 25 30
29
Section 51 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: Section 51 is amended so that the relevant person must be responsible for sending required reports and other information from the public entity to Parliament, the provincial legislature, the executive authority, or the treasury.

29. Section 51 of the principal Act is hereby amended by the substitution for 35 paragraph (~) of subsection (1) of the following paragraph: “~) is responsible for the submission by the public entity of all reports, returns, notices and other information to Parliament or the relevant provincial legislature and to the relevant executive authority or treasury, as may be required by this Act;”. Amendment of section 52 of Act 1 of 1999
30
Section 52 of the principal Act is hereby amended by the substitution for the
Verify source ↗

AI-assisted research summary: Accounting authorities for certain public entities must make specified submissions to the relevant treasury and other officials, including before the financial year starts.

30. Section 52 of the principal Act is hereby amended by the substitution for the words preceding p~agraph (a) of the following words: “52. The accounting authority for a public entity listed in Schedule 2 or a government business enterprise listed in Schedule 3 must submit to the accounting officer for a dep~ment designated by the executive authority responsible for that public entity or government business enterprise, and to the relevant treasury, at least one month, or another period agreed with the National Treasury, before the St@ of its financial year-”. 40 45 * :\ct X(). 29.1999 PLBI. IC FIX+NCE MANAGEMENT \\lEXD3fENT ACT. I Y9Y Amendment of section j4 of Act 1 of 1999 31, Section 54 of the principal Act is hereby amended by— (u) the substitution for subsection ( I ) of the followin& subsection: “(1 ) The accounting authori[y for a public entity must subnit to the relevant treasur} or the Auditor-General such information. returns. 5 documents. explanations and motivations as may be prescribed or as the relevant treasury or the Auditor-General may require...; and (b) the substitution in subsection (2) for the words preceding paragraph (a) of the followin& words: “(~) Before a public entity concludes any of the following transac- 10 tions, the accounting authority for the public entity must promptly and in writing inform the relevant treasury of the transaction and submit relevant particulars of the transaction to its executive authority for approval of the transaction:’.. Amendment of section 55 of Act 1 of 1999 15
32
Section 55 of the principal Act is hereby amended by—
Verify source ↗

AI-assisted research summary: This amendment changes who must receive certain public entity financial reports and statements, and allows the relevant treasury to direct consolidation of some audited statements.

32. Section 55 of the principal Act is hereby amended by— (u) the substitution for subparagraph (ii) of subsection (1 )(c) of the following subparagraph: “(ii) if it is a business enterprise or other public entity under the ownership control of the national or a provincial government, to the relevant 20 treasury: and’.; (b) the substitution in paragraph {d) of subsection (1) for the words preceding subparagraph (i) of the following words: .’(d) must submit within five months of the end of a financial year to the relevant treasury, to the executive authority responsible for that public 25 entity and, if the Auditor-General did not perform the audit of the financial statements. to the Auditor-General—”; (c) the substitution for subsection (3) of the following subsection: “(3) An accountin& authority must submit the report and statements referred to in subsection ( 1 )(d), for tabling in Parliament or the provincial 30 legislature, to the relevant executive authority through the accounting officer of a department designated by the executive authority.”: and (dJ the substitution for subsection (4) of the following subsection: “(4) The relevant treasury may direct that, instead of a separate report, the audited financial statements of a Schedule 3 public entity which is not 35 a &overnment business enterprise must be incorporated in those of a department designated by [the] @ treasury.”. Amendment of section 62 of Act 1 of 1999
33
Section 62 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: The responsible executive authority must promptly table an Auditor-General special report in the National Assembly or the relevant provincial legislature, as appropriate.

33. Section 62 of the principal Act is hereby amended by the substitution for subsection (3) of the following subsection: “(3) The executive authority responsible for a public entity in respect of which the Auditor-General has issued a special report in terms of subsection ( 1 ) or (2). must promptly table the report in the National Assembly or the relevant provincial legislature, as may be appropriate.”. Amendment of section 63 of Act 1 of 1999 40 45
34
Section 63 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: An executive authority responsible for a public entity under national or provincial ownership control must use its ownership control powers to make sure the entity complies with the Act and that executive’s financial policies.

34. Section 63 of the principal Act is hereby amended by the substitution for subsectio n (2) of the following subsection: “(2) The executive authority responsible for a public entity under the ownership control of the national or a provincial executive must exercise that executive’s ownership control powers to ensure that that public entity complies with this Act 50 and the financial policies of that executive.”. 2s X(). 1997s ,ict so. 29, 1999 G(>\’ERNNIENT GAZE~E. 30 APRIL 19Y9 PL-BLIC HNANCE hlANAGEMENT .AMENDMENT ACT. 1999 Amendment of section 64 of Act 1 of 1999
35
Section 64 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: The executive authority’s decision to implement the directive, and its reasons, must be in writing, and the accounting officer must promptly file a copy with the National Treasury and the Auditor-General, and with the relevant provincial treasury if a provincial department is involved.

35. Section 64 of the principal Act is hereby amended by the substitution for subsection (3) of the following subsection: .’(3) Any decision of the executive authority to proceed with the implementation of the directive, and the reasons for the decision, must be in writing, and the 5 accounting officer must promptly file a copy of this document with the National Treasury and the Auditor-General, and if a provincial department is involved, also with the relevant provincial treasury. .’, Amendment of section 65 of Act 1 of 1999
36
Section 65 of the principal Act is hereby amended by the substitution in subsection 10
Verify source ↗

AI-assisted research summary: An executive authority responsible for a department or public entity must table something in the National Assembly or a provincial legislature, but the sentence is cut off after that.

36. Section 65 of the principal Act is hereby amended by the substitution in subsection 10 (1) for the words preceding paragraph (u) of the following words: “(1 ) The executive authority responsible for a department or public entity must table in the National Assembly or a provincial legislature, as may be appro- @—”. Amendment of section 66 of Act 1 of 1999 15
37
Section 66 of the principal Act is hereby amended by—
Verify source ↗

AI-assisted research summary: This section amends the borrowing rules for governments, provincial funds, and certain public entities, including limits and ministerial conditions.

37. Section 66 of the principal Act is hereby amended by— (a) the addition at the end of paragraph (b) of subsection (1) of the word “and”, and after that paragraph the following paragraph: “Jc) in the case of loans by a province or a provincial government business enterprise under the ownership control of a provincial executive, is 20 within the limits as set in terms of the Borrowing Powers of Provincial I Governments Act, 1996 (Act No. 48 of 1996).”; (b) the substitution for subsection (2) of the following subsection: “(2) [Only the following persons may] A government may only through the following persons borrow money, or issue a guarantee, 25 indemnity or security, or enter into any other transaction that binds or may bind [the] s Revenue Fund to any future financial commitment: (a) [Transactions that bind or may bind] The National Revenue Fund: The Minister or, in the case of the issue of a guarantee, indemity or security, the responsible Cabinet member acting with 30 the concurrence of the Minister in terms of section 70. (b) A Provincial Revenue Fund: The MEC for finance in the province, acting in accordance with the Borrowing Powers of Provincial Governments Act, 1996.”; (c) the addition in subsection (3) of the following paragraph: ‘~d) A provincial government business enterprise listed in Schedule 3 and authorised by notice in the national Government Gazetre by the Minister: The MEC for finance in the province, acting with the concurrence of the Minister, subiect to any conditions that the Minister may impose.”; (d) the substitution for subsection (4) of the following subsection: “(4) Constitutional institutions and provincial public entities not mentioned in subsection (3)(d) may not borrow money, nor issue a guarantee, indemnity or security, nor enter into any other transaction that binds or may bind the institution or entity to any future financial commitment.”; and (e) the substitution for subsection (5) of the following subsection: 35 40 45 “(5) Despite subsection (4), the Minister may in writin& permit a public entity mentioned in subsection (3) (c) ~ or a constitutional institution to borrow money for bridging purposes up to a prescribed limit, including a temporary bank overdraft, subject to such conditions as 50 the Minister may impose.”. . .10 No. 19978 ,~Ct No. 29. 199Y GOVERN.WEXT GAZETTE. 30 .lPRIL 1999 PUBLIC FINANCE MANAGEMENT AMENDMENT ACT. 19Y9 Insertion of section 67 of Act 1 of 1999
38
The following section is hereby insemed in the principal Act after section 66:
Verify source ↗

AI-assisted research summary: This section inserts a new section after section 66, but the quoted rule is incomplete in the source text.

38. The following section is hereby insemed in the principal Act after section 66: “No provincial foreign commitments
67
A provincial government, including any provincial public entity, may
Verify source ↗

AI-assisted research summary: A provincial government, including any provincial public entity, may not borrow money or enter certain foreign-currency or foreign-market financial transactions.

67. A provincial government, including any provincial public entity, may not borrow money or issue a guarantee, indemnity or security or enter into any other transaction that binds itself to any future financial commitment, denominated in a foreign currency or concluded on a foreign financial market.”. Substitution of section 69 of Act 1 of 1999
39
The following section is hereby substituted for section 69 of the principal Act:
Verify source ↗

AI-assisted research summary: This section substitutes a new section 69 titled “Regulations on borrowing by public entities.”

39. The following section is hereby substituted for section 69 of the principal Act: 5 10 “Regulations on borrowing by public entities
69
The Minister may regulate by regulation in terms of section 76 the
Verify source ↗

AI-assisted research summary: The Minister may make regulations about borrowing money by or for public entities listed in section 66(3)(b), (c) and (d), under section 76.

69. The Minister may regulate by regulation in terms of section 76 the borrowing of money by or for or on behalf of public entities referred to in section 66(3)(b~ [and] (c) and (d).”. 15 Amendment of section 77 of Act 1 of 1999
40
Section 77 of the principal Act is hereby amended—
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AI-assisted research summary: This amendment says the majority may not be persons employed by the department unless the relevant treasury approves, and a body may be established for two or more departments or institutions if the relevant treasury considers that more economical.

40. Section 77 of the principal Act is hereby amended— (a) by the substitution for subparagraph (ii) of paragraph (a) of the following subparagraph: “(ii) the majority may not be persons in the employ of the department, except with the approval of the relevant treasury; and”; and (b) by the substitution for paragraph (c)of the following paragraph: “(c) may be established for two or more departments or institutions if the relevant treasury [consider] considers it to be more economical.”. Amendment of section 80 of Act 1 of 1999 20 25
41
Section 80 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: The Minister must set uniform interest rates by notice in the national Government Gazette.

41. Section 80 of the principal Act is hereby amended by the substitution for subsection (1) of the following subsection: “(1 ) The Minister, by notice in the national Governmerzt Gazefte, must determine— (a) a uniform interest rate applicable to loans granted out of [the] g Revenue 30 Fund; and (b) a uniform interest rate applicable to all other debts which must be paid into [the] g Revenue Fund.”. Substitution of section 82 of Act 1 of 1999
42
The following section is hereby substituted for section 82 of the principal Act:
Verify source ↗

AI-assisted research summary: This section substitutes a new section 82 in the principal Act.

42. The following section is hereby substituted for section 82 of the principal Act: 35 “Financial misconduct by treasury officials
82
An official of [the] g treasury to whom a power or duty is assigned in
Verify source ↗

AI-assisted research summary: A treasury official assigned a power or duty under section 10 or 20 commits financial misconduct if they wilfully or negligently fail to use that power or perform that duty.

82. An official of [the] g treasury to whom a power or duty is assigned in terms of section 10 or 20 commits an act of financial misconduct if that official wilfully or ne~ently fails to exercise that power or perform that duty.”. 40 .’> 2 N(). 1997S Act N(). 29.1999 GO\ ’ERNMENT G.4ZE~E. 30 APRIL 1999 PUBLIC HNANCE hfANAGEMENT AklENDMENT ACT. 1999 Amendment of section 85 of Act 1 of 1999
43
Section 85 of the principal Act is hereby amended by—
Verify source ↗

AI-assisted research summary: Section 85 is amended so that financial misconduct allegations, charges, findings, and sanctions must be reported to the National Treasury, the relevant provincial treasury, and the Auditor-General; the National Treasury or a provincial treasury may also direct disciplinary steps or criminal charges in some circumstances.

43. Section 85 of the principal Act is hereby amended by— (a) the substitution in paragraph (a) of subsection (1) for the words preceding subparagraph (i) of the following words: “(a) the manner, form and circumstances in which allegations and disciplinary and criminal charges of financial misconduct must be reported to the National Treasury, the relevant provincial treasury and the Auditor-General, including—”; (b) the substitution for paragraph (c) of subsection(1) of the following paragraph: ‘.(c) the circumstances in which the National Treasury or a provincial treasury may direct that disciplin~ steps be taken or criminal charges be laid against a person for financial misconduct;”; and (c) the substitution for paragraph (e) of subsection (1) of the following paragraph: “(e) the circumstances in which the findings of a disciplinary board and any sanctions imposed by the board must be reported to the National Treasury, the relevant provincial treasury and the Auditor-General; and”. Amendment of section 89 of Act 1 of 1999
44
Section 89 of the principal Act is hereby amended by the substitution for
Verify source ↗

AI-assisted research summary: This section amends Section 89 of the principal Act by replacing subparagraph (v) of subsection (1)(a) with “Parliament and the provincial legislatures.”

44. Section 89 of the principal Act is hereby amended by the substitution for subparagraph (v) of subsection (1)(a) of the following subparagraph: “(v) Parliament and the provincial legislatures;”, Amendment of Schedule 3 to Act 1 of 1999
45
Schedule 3 to the principal Act is hereby amended by the addition of the following
Verify source ↗

AI-assisted research summary: This section amends Schedule 3 of the principal Act by adding new Parts, including Part C for Provincial Public Entities in the Eastern Cape.

45. Schedule 3 to the principal Act is hereby amended by the addition of the following Parts: “Part C: Provincial Public Entities Eastern Cape:
1
Centre for Investment and Marketing in the Eastern Cape
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AI-assisted research summary: This provision is titled “Centre for Investment and Marketing in the Eastern Cape.”

1. Centre for Investment and Marketing in the Eastern Cape
2
Eastern Cape Agricultural Bank
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AI-assisted research summary: Section title: Eastern Cape Agricultural Bank.

2. Eastern Cape Agricultural Bank
3
Eastern Cape Appropriate Technology Unit
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AI-assisted research summary: Section 3 is titled “Eastern Cape Appropriate Technology Unit.”

3. Eastern Cape Appropriate Technology Unit
4
Eastern Cape Arts Council
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AI-assisted research summary: Lists the Eastern Cape Arts Council and the Eastern Cape Consumer Affairs Court.

4. Eastern Cape Arts Council 5, Eastern Cape Consumer Affairs Court
6
Eastern Cape Development Corporation
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AI-assisted research summary: 6. Eastern Cape Development Corporation

6. Eastern Cape Development Corporation
7
Eastern Cape Development Tribunal
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AI-assisted research summary: Section 7 is titled “Eastern Cape Development Tribunal.”

7. Eastern Cape Development Tribunal
8
Eastern Cape Gambling and Betting Board
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AI-assisted research summary: Section heading for the Eastern Cape Gambling and Betting Board.

8. Eastern Cape Gambling and Betting Board
9
Eastern Cape Liquor Board
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AI-assisted research summary: Section heading: Eastern Cape Liquor Board.

9. Eastern Cape Liquor Board
10
Eastern Cape Local Road Transport Board
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AI-assisted research summary: Section 10 is titled “Eastern Cape Local Road Transport Board.”

10. Eastern Cape Local Road Transport Board
11
Eastern Cape Museums
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AI-assisted research summary: Section title only: Eastern Cape Museums.

11. Eastern Cape Museums
12
Eastern Cape Provincial Housing Board
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AI-assisted research summary: 12. Eastern Cape Provincial Housing Board

12. Eastern Cape Provincial Housing Board
13
Eastern Cape Provincially Aided Libraries
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AI-assisted research summary: Section 13 is titled “Eastern Cape Provincially Aided Libraries.”

13. Eastern Cape Provincially Aided Libraries
14
Eastern Cape Regional Authorities
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AI-assisted research summary: This section is titled “Eastern Cape Regional Authorities.”

14. Eastern Cape Regional Authorities
15
Eastern Cape Socio-Economic Consultative Council
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AI-assisted research summary: Section title only: Eastern Cape Socio-Economic Consultative Council.

15. Eastern Cape Socio-Economic Consultative Council
16
Eastern Cape Tender Board
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AI-assisted research summary: 16. Eastern Cape Tender Board

16. Eastern Cape Tender Board
17
Eastern Cape Tourism Board
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AI-assisted research summary: 17. Eastern Cape Tourism Board

17. Eastern Cape Tourism Board
18
Eastern Cape Township Board
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AI-assisted research summary: 18. Eastern Cape Township Board Free State:

18. Eastern Cape Township Board Free State:
1
Free State Mangaung Nursing College
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AI-assisted research summary: This section is titled “Free State Mangaung Nursing College.”

1. Free State Mangaung Nursing College
2
Free State Rural Foundation
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AI-assisted research summary: 2. Free State Rural Foundation

2. Free State Rural Foundation
3
Free State Rural Strategy Unit
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AI-assisted research summary: Section heading: Free State Rural Strategy Unit.

3. Free State Rural Strategy Unit
4
Free State Liquor Board
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AI-assisted research summary: Section title: Free State Liquor Board.

4. Free State Liquor Board
5
Free State Gambling ~d Gaming Bo~d
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AI-assisted research summary: Section heading: Free State Gambling and Gaming Board.

5. Free State Gambling ~d Gaming Bo~d
6
Free State Tender Board
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AI-assisted research summary: 6. Free State Tender Board

6. Free State Tender Board
7
Free State Tourism Board
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AI-assisted research summary: Section 7 is titled “Free State Tourism Board.”

7. Free State Tourism Board
8
Free State Youth Commission
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AI-assisted research summary: Only a section heading is visible; no operative rule is stated in the supplied text.

8. Free State Youth Commission 5 10 15 20 25 30 35 40 45 50 . .14 X(). 19978 Act No. 29.1999 Gauteng: G(>$’ERN\lENT G4ZETTE.30APRIi. 1999 PLBLIC FINANCE \l.4N.AGEMENT +MENDMENT .ACT. 1999
1
Gauteng Economic Development Agency
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AI-assisted research summary: This section names the Gauteng Economic Development Agency.

1. Gauteng Economic Development Agency
2
Gauteng Gambling Board
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AI-assisted research summary: Section 2 is titled “Gauteng Gambling Board.”

2. Gauteng Gambling Board
3
GautenE Tourism Authorit!
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AI-assisted research summary: Section 3 is titled “GautenE Tourism Authorit!”.

3. GautenE Tourism Authorit!
4
Gauteng Consumer Affairs Court
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AI-assisted research summary: This provision is titled “Gauteng Consumer Affairs Court.”

4. Gauteng Consumer Affairs Court
5
Gauteng Development Tribunal
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AI-assisted research summary: Section 5 is titled “Gauteng Development Tribunal.”

5. Gauteng Development Tribunal
6
Gauteng Education and Training Board
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AI-assisted research summary: Section 6 is titled “Gauteng Education and Training Board.”

6. Gauteng Education and Training Board
7
Gauteng Municipal Demarcation Board
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AI-assisted research summary: Section title: Gauteng Municipal Demarcation Board.

7. Gauteng Municipal Demarcation Board
8
Gauteng Provincial Housing Board
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AI-assisted research summary: Section 8 is titled “Gauteng Provincial Housing Board.”

8. Gauteng Provincial Housing Board
9
Gauteng Services Appeal Board
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AI-assisted research summary: Section 9 names the Gauteng Services Appeal Board.

9. Gauteng Services Appeal Board
10
Gauteng Townships Board
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AI-assisted research summary: This section lists several KwaZulu-Natal public bodies and related entities.

10. Gauteng Townships Board KwaZulu-Natal: 1. 9 A. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. Kwtiulu-Natal Appeals Tribunal KwaZulu-Natal Development & Services Board KwaZulu-Natal Development Tribunal KwaZulu-Natal Gambling Board KwaZulu-Natal House of Traditional Leaders KwaZulu-Natal Monuments Council Natal Sharks Board KwaZulu-Natal Private Townships Board KwaZulu-Natal Town and Regional Planning Commission KwaZulu-Natal Townships Board KwaZulu-Natal Provincial Peace Committee KwaZulu-Natal Tender Board KwaZulu-Natal Tourism Authority KwaZulu-Natal Liquor Board KwaZulu-Natal Conservation Services KwaZulu-Natal Local Roads Transportation Board KwaZulu-Natal Marketing Initiative KwaZulu-Natal Economic Council KwaZulu-Natal Taxi Task Team KwaZulu-Natal International Airport Development Initiative S,A. Life Saving Natal Trust Fund Natal Arts Trust MpumaIanga:
1
Mpumalanga Gambling Board
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AI-assisted research summary: This section is titled “Mpumalanga Gambling Board.”

1. Mpumalanga Gambling Board
2
Mpumalanga Housing Board
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AI-assisted research summary: Section heading naming the Mpumalanga Housing Board.

2. Mpumalanga Housing Board
3
Mpumalanga Parks Board
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AI-assisted research summary: Section heading: Mpumalanga Parks Board.

3. Mpumalanga Parks Board
4
Mpumalanga Tender Board
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AI-assisted research summary: Section heading only: “Mpumalanga Tender Board Northern Cape.”

4. Mpumalanga Tender Board Northern Cape:
1
Northern Cape Economic Development Unit
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AI-assisted research summary: This section names the Northern Cape Economic Development Unit.

1. Northern Cape Economic Development Unit
2
Northern Cape Gambling Board
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AI-assisted research summary: This section identifies the Northern Cape Gambling Board.

2. Northern Cape Gambling Board
3
Northern Cape Housing Board
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AI-assisted research summary: Section heading: Northern Cape Housing Board.

3. Northern Cape Housing Board
4
Northern Cape Liquor Board
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AI-assisted research summary: This section is titled Northern Cape Liquor Board.

4. Northern Cape Liquor Board
5
Northern Cape Local Transportation Board
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AI-assisted research summary: This section names the Northern Cape Local Transportation Board.

5. Northern Cape Local Transportation Board
6
Nofihem Cape Provincial Tender Board
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AI-assisted research summary: Section 6 is headed “Nofihem Cape Provincial Tender Board.”

6. Nofihem Cape Provincial Tender Board
7
Northern Cape Tourism Authority
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AI-assisted research summary: Section 7 is titled “Northern Cape Tourism Authority.”

7. Northern Cape Tourism Authority
8
Northern Cape Youth Commission
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AI-assisted research summary: Section heading for the Northern Cape Youth Commission.

8. Northern Cape Youth Commission Northern Province:
1
Northern Province Agricultural and Rural Development Corporation
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AI-assisted research summary: This section names the Northern Province Agricultural and Rural Development Corporation.

1. Northern Province Agricultural and Rural Development Corporation
2
Northern Province Appeal Tribunals
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AI-assisted research summary: This section is titled “Northern Province Appeal Tribunals.”

2. Northern Province Appeal Tribunals
3
Nofihem province Development Tribunals
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AI-assisted research summary: This section is titled “Nofihem province Development Tribunals.”

3. Nofihem province Development Tribunals
4
Noflhern province Panel of Mediators
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AI-assisted research summary: This text appears to be a section heading or fragment for “Noflhern province Panel of Mediators” in the Public Finance Management Amendment Act, 1999.

4. Noflhern province Panel of Mediators 5 10 [5 lo 25 30 35 40 45 50 55 .? () \(). lY~)78 Act N(). 29.1999 GOVERN hfENT G.kZE~E. 3(1 APRIL 199~ PUBLIC FINANCE hiANAGEMENT AMENDMENT ACT. 1999
5
Northern Province Planning Commission
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AI-assisted research summary: Lists the Northern Province Planning Commission and the Northern Province Provincial Tender Board.

5. Northern Province Planning Commission 6, Northern Province Provincial Tender Board
7
Northern Province Tourism Board
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AI-assisted research summary: Section 7 is titled “Northern Province Tourism Board.”

7. Northern Province Tourism Board
8
Northern Province Gaming Board
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AI-assisted research summary: Section 8 is titled “Northern Province Gaming Board.”

8. Northern Province Gaming Board
9
Northern Province Liquor Board
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AI-assisted research summary: Section 9: Northern Province Liquor Board.

9. Northern Province Liquor Board
10
Northern Province Local Business Centres
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AI-assisted research summary: Section heading: Northern Province Local Business Centres.

10. Northern Province Local Business Centres
11
Northern Province Housing Board
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AI-assisted research summary: Section heading: Northern Province Housing Board.

11. Northern Province Housing Board
12
Northern Province Investment Initiative
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AI-assisted research summary: This section is titled “Northern Province Investment Initiative.”

12. Northern Province Investment Initiative
13
Gateway International Airport
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AI-assisted research summary: Section heading only: Gateway International Airport North West.

13. Gateway International Airport North West:
1
NW Agricultural Services CorpoPdtion
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AI-assisted research summary: This section appears to identify NW Agricultural Services CorpoPdtion.

1. NW Agricultural Services CorpoPdtion
3
NW Communication Service
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AI-assisted research summary: Section heading: NW Communication Service.

3. NW Communication Service
4
NW Mmabana Cultural Foundation
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AI-assisted research summary: This section names NW Mmabana Cultural Foundation.

4. NW Mmabana Cultural Foundation
6
NW Gambling Board
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AI-assisted research summary: Section heading: NW Gambling Board.

6. NW Gambling Board
8
NW Parks and Tourism Board
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AI-assisted research summary: Section 8 is titled “NW Parks and Tourism Board.”

8. NW Parks and Tourism Board
9
NW Housing Corporation
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AI-assisted research summary: This provision amends Schedule 4 and lists several provincial government business enterprises and related subsidiaries/entities.

9. NW Housing Corporation Western Cape: WC Investment and Trade Promotion Agency WC Provincial Tender Board WC Tourism Board WC Gambling and Racing Board WC Housing Development Board WC Liquor Board WC Provincial Develo~ment Council 1. 2. 3. 4. 5. 6. 7, Any subsidiary or entity under the ownership control of the above public entities Part D: Provincial Government Business Enterprises Entity: Algoa Bus Company Mayibuye Transport Corporation Free State Agri-Eco (Pty) Ltd Free State Development Corporation Kwtiulu-Natal Finance & Investment Corporation Kw&ulu-Natal Mjindi Farming (Pty) Ltd Mpumalanga Development Corporation Mpumalanga Finance Corporation NW Development Corporation Natal Trust Farms (Pty) Ltd Northern Province Development Co~oration 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Any subsidiary or entity under the ownership control of the above public entities”. 5 10 15 20 25 30 35 40 :> \<! l~)~};s .\ct N(I. 29.1999 (7( )\ !-. K,\.\ ir.. \ I L,)3/.r. ! ! r.. ..{, *,- K,,. , -,7-, PL BLIC l: IX.\\C1; \lAN.\GE%tl\NT .\ JfEXl)h!EXT.\CT. IY9° Amendment of Schedule 4 to .$ct 1 of 1999

Part

Part D: Provincial Government Business Enterprises

46
Schedule 4 to the principal Act is hereby amended by the substitution for the
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AI-assisted research summary: This section amends Schedule 4 of the principal Act by replacing its heading with a new heading about exclusions from revenue funds.

46. Schedule 4 to the principal Act is hereby amended by the substitution for the heading of the following heading: “SCHEDULE 4 EXCLUSIONS FROM REVENUE FUNDS (10 terms of section [13(1)(g)] 13(1) or 22(1 )).. Substitution of long title of .4ct 1 of 1999
47
The following ion: title is hereby substituted for the long title of the principal Act:
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AI-assisted research summary: This section replaces the long title of the principal Act with a statement that the Act regulates financial management in national and provincial governments and covers revenue, expenditure, assets, liabilities, and responsibilities for financial management.

47. The following ion: title is hereby substituted for the long title of the principal Act: “To regulate financial management in the national government and provincial governments; to ensure that all revenue, expenditure, assets and liabilities of [that 10 government is] those governments are mana&ed efficiently and effectively: to provide for the responsibilities of persons entrusted with financial mana&ement in [that government] those governments; and to provide for matters connected therewith. Amendment of Arrangements of Sections in Act 1 of 1999 15
48
The Arrangemel~ts of Sections after the long title in the principal Act is hereby
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AI-assisted research summary: This section amends the arrangement of sections in the principal Act by inserting new chapter and section listings.

48. The Arrangemel~ts of Sections after the long title in the principal Act is hereby amended by— (a) the insertion after the arrangement of sections in Chapter 2 of the following arrangement: “CHAPTER 3 PROVINCIAL TREASURIES AND PROVINCIAL REVENUE FUNDS Part 1: Provirlcial treasuries 17. 18. 19. 20. Establishment Functions and powers Annual consolidated financial statements Delegations by provincial treasuries Part 2: Provincial Revejzue Futzds Control of Provincial Revenue Fund Deposits by provincial departments into Provincial Revenue Fund Withdrawal of exclusions from Provincial Revenue Funds Withdrawals from Provincial Revenue Funds 21. 22. 23. ~4 ~5. Use of funds in emergency Situations’”; (/)) the insertion after ..30. National adjustments budget” of the following: “31. prolincia] adjustments budgets”; (c) the insertion after .’34. Unauthorised expenditure” of the following: ..35. Unfunded mandates’.; and (d) the insertion after “66. Restrictions on borrowing, guarantees and other commitments” of the following: ‘.67. No provincial foreisn commitments” . 35 40 Short title and commencement

Part

Part 2: Provincial Revejzue Futzds

49
This Act is called the Public Finance Management Amendment Act, 1999, and its
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AI-assisted research summary: This provision gives the Act its name and says its provisions take effect when the amended principal Act’s provisions take effect.

49. This Act is called the Public Finance Management Amendment Act, 1999, and its Provisions take effect on the date on which the provisions of the principal Act amended by the provisions of this Act. take effect. 45

Provision text is displayed from LexChat’s stored statute record. Use the official source links to verify amendments, commencement, and current legal force.

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Public Finance Management Amendment Act

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Provisions of Public Finance Management Amendment Act

Schedule 3 must be paid into a bank account opened by the entity concerned.

Part D: Provincial Government Business Enterprises

Part 2: Provincial Revejzue Futzds

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