Public Finance Management Act, 1999 (Act No. 1 of 1999)Chapter 2 : National Treasury and National Revenue FundPart 1 : National Treasury5. Establishment |
(1) | A National Treasury is hereby established, consisting of— |
(a) | the Minister, who is the head of the Treasury; and |
(b) | the national department or departments responsible for financial and fiscal matters. |
(2) | The Minister, as the head of the National Treasury, takes the policy and other decisions of the Treasury, except those decisions taken as a result of a delegation or instruction in terms of section 10. |