Public Finance Management Act, 1999 (Act No. 1 of 1999)Chapter 6 : Public EntitiesPart 1: Application of this Chapter48. Classification of public entities |
(1) | The Minister may by notice in the national Government Gazette classify public entities listed in Schedule 3 in accordance with the relevant definitions set out in section 1, as— |
(c) | national public entities; and |
(2) | A public entity is for the purposes of this Act regarded as belonging to the class in which it is classified in terms of subsection (1). |