Public Finance Management Act, 1999 (Act No. 1 of 1999)

WHEREAS in the exercise of the executive authority of the Republic in accordance with section 85(2)(b) of the Constitution of the Republic of South Africa, 1996 (Act No 108 of 1996), on 28 June 2000 the Cabinet made a policy decision on the management of deductions on the government’s payroll;

AND

WHEREAS the management of deductions on the government’s payroll is a treasury matter and accordingly has to be regulated in terms of the Public Finance Management Act, 1999 (Act No 1 of 1999);

NOW THEREFORE, I, Trevor Andrew Manuel, MP, in my capacity as Minister of Finance and head of the National Treasury, and acting in terms of section 76 of the Public Finance Management Act, 1999, make this Treasury Regulation.