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

Notices

Exemption from Act

Notice No. 851 of 2020
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Notice No. 851

5 August 2020

GG 43582

 

National Treasury

 

 

I, TT Mboweni, hereby in terms of section 177(1)(b) of the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003), exempt municipalities and municipal entities from the provisions of that Act, as set out in the Schedule.

 

 

TT Mboweni

Minister of Finance

 

SCHEDULE

 

Exemption

 

1. Subject to the conditions in paragraph 2, municipalities and municipal entities are exempted, for the 2019/2020 financial year, from complying with the deadlines in sections 126(1) and (2), 127(1) and (2), 129(1) and 133(2) of the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003).

 

Condition

 

2. Municipalities and municipal entities must comply with a provision referred to paragraph 1 within two months after the deadline in the applicable provision.