Public Finance Management Act, 1999 (Act No. 1 of 1999)Chapter 8 : Loans, Guarantees and other CommitmentsPart 2 : Loans by national government73. Interest and repayments of loans to be direct charges |
The following payments in connection with loans are direct charges against the National Revenue Fund:
| (a) | the repayment of money borrowed by the Minister in terms of section 66(2)(a) or repaid in terms of section 74; |
| (b) | the interest payable on money borrowed; and |
| (c) | any costs associated with such borrowing and approved by the National Treasury. |