Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)Chapter 5 : Co-Operative Government34. Capacity building |
(1) | The national and provincial governments must by agreement assist municipalities in building the capacity of municipalities for efficient, effective and transparent financial management. |
(2) | The national and provincial governments must support the efforts of municipalities to identify and resolve their financial problems |
(3) | When performing its monitoring function in terms of section 155(6) of the Constitution, a provincial government— |
(a) | must share with a municipality the results of its monitoring to the extent that those results may assist the municipality in improving its financial management; |
(b) | must, upon detecting any emerging or impending financial problems in a municipality, alert the municipality to those problems; and |
(c) | may assist the municipality to avert or resolve financial problems. |
(4) | Non-compliance with this section or any other provision of this Act by the national or a provincial government does not affect the responsibility of a municipality, its political structures, political office-bearers and officials to comply with this Act. |