Public Finance Management Act, 1999 (Act No. 1 of 1999)NoticesExemption from Act and Regulations - COVID-19 National State of DisasterNotice No. 437 of 2020 |
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] |