Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)

Chapter 14 : General Treasury Matters

170. Departures from treasury regulations or conditions
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(1)The National Treasury may on good grounds approve a departure from a treasury regulation or from any condition imposed in terms of this Act.

 

(2)Non-compliance with a regulation made in terms of section 168, or with a condition imposed by the National Treasury in terms of this Act, may on good grounds shown be condoned by the Treasury.