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

Notices

Exemption from Act and Regulations - COVID-19 National State of Disaster

Notice No. 437 of 2020

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Notice No. 437

31 March 2020

GG 43188

 

National Treasury

 

I, TT Mboweni, hereby in terms of section 92 of the Public Finance Management Act, 1999 (Act No. 1 of 1999), exempt institutions to which that Act applies as set out in the Schedule.

 

 

TT Mboweni

Minister of Finance

 

Schedule

 

1.Definitions

 

In this Schedule—

 

"national state of disaster"

[Definition deleted by section (b) of Notice No. 665, GG43430, dated 11 June 2020]

 

"the Act"

means the Public Finance Management Act, 1999 (Act No. 1 of 1999), or any regulation made thereunder.

 

2.Exemption

 

(1) Subject to subparagraph (2), the relevant functionary or institution is exempted, for the 2019/2020 financial year, from complying with the deadlines in—
(a) sections 8(1)(b), 8(5), 19(1)(b), 19(5), 40(1)(c), 40(1)(d), 55(1)(c), 55(1)(d) and 65(2) of the Act;
(b) a regulation made or instruction issued in terms of section 76 of the Act which is associated with the provisions referred to in paragraph (a).

 

(2) The relevant functionary or institution must comply with a provision referred to in subparagraph (1) within two months after the deadline in the applicable provision.

[Paragraph 2(2) substituted by section (c) of Notice No. 665, GG43430, dated 11 June 2020]

 

(3) [Paragraph 2(3) deleted by section (d) of Notice No. 665, GG43430, dated 11 June 2020]