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

Notices

Exemptions in terms of Section 92 of the Act

Notice No. 343 of 2000
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Notice No. 343 of 2000

1 April 2000

GG 21054

 

Department of Finance

 

I, Trevor Andrew Manuel, Minister of Finance, acting in terms of section 92 of the Public Finance Management Act, 1999 (Act No. 1 of 1999), hereby exempt the institutions specified in the first column from the provisions of that Act specified in the second column to the extent specified in the third column of the Schedule.

 

 

Trevor Andrew Manuel

Minister of Finance

1 April 2000

 

Schedule

 

Institution Exempted

Section of Act

Extent of Exemption

Public entities listed in Schedule 3 of the Act

7(1)

Exemption from the whole of the section until 1 January 2001

Provincial education departments

38(1)(j)

Exemption to the extent that the provision does not apply to transfer payments to schools until 31 January 2001

Provincial health departments

38(1)(j)

Exemption to the extent that the provision does not apply to transfer payments to hospitals and clinics until 31 January 2001

All departments, trading entities and constitutional institutions

40(3)(a)

Exemption to the extent that the section requires the annual report and financial statements of the institution to fairly present the institution’s performance against predetermined objectives, until 1 April 2001

Public entities listed in Schedules 2 and 3 of the Act

66(1)

Exemption from the whole of the section until 1 April 2001