Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)Chapter 13 : Resolution of Financial ProblemsPart 2 : Provincial interventions147. Regular review of provincial interventions |
| (1) | The MEC for local government or the MEC for finance in a province must at least every three months— |
| (a) | review any discretionary provincial intervention referred to in section 137 or any mandatory provincial intervention referred to in section 139, including— |
| (i) | progress with resolving the municipality’s financial problems and its financial recovery; and |
| (ii) | the effectiveness of any financial recovery plan; and |
| (b) | submit progress reports and a final report on the intervention to— |
| (i) | the municipality; |
| (ii) | the Minister; |
| (iii) | the Cabinet member responsible for local government; |
| (iv) | the provincial legislature; and |
| (v) | organised local government in the province. |
| (2) | The MEC for local government or the MEC for finance may request the person who prepared the recovery plan, or the Municipal Financial Recovery Service, to assist the MEC in complying with subsection (1). |