Public Service Act, 1994 (Act No. 103 of 1994)

Regulations

Public Service Regulations, 2016

Chapter 2 : Conduct, Financial Disclosure, Anti-Corruption and Ethics Management

Part 2 : Financial Disclosure

19. Details of interests to be disclosed

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The following details of interests shall be disclosed:

(a) Shares, loan accounts or any other form of equity in a registered private or public companies and other corporate entities recognised by law:
(i) The number, nature and nominal value of shares of any type in any public or private company and its name; and
(ii)other forms of equity, loan accounts, and any other financial interests owned by an individual or held in any other corporate entity and its name.
(b) Income-generating assets:
(i) A description of the income-generating asset;
(ii) the nature of the income; and
(iii) the amount or value of income received.
(c) Trusts:
(i) The name of the trust, trust reference or registration number as provided by the Master of the High Court, and the region where the trust is registered;
(ii) the purpose of the trust, and your interest or role in the trust; and
(iii) the benefits or remuneration received (these include fees charged for services rendered).
(d) Directorships and partnerships:
(i) The name, type and nature of business activity of the corporate entity or partnership; and
(ii) if applicable, the amount of any remuneration received for such directorship or partnership.
(e) Remunerated work outside the employee's employment in her or his department:
(i) The type of work;
(ii) the name, type and nature of business activity of the employer;
(iii) the amount of the remuneration received for such work; and
(iv) proof of compliance with section 30 of the Act must be attached.
(f) Consultancies and retainerships:
(i) The nature of the consultancy or retainership of any kind;
(ii) the name, type and nature of business activity of the client concerned; and
(iii) the value of any benefits received for such consultancy or retainership.
(g) Sponsorships:
(i) The source and description of direct financial sponsorship or assistance;
(ii) the relationship between the sponsor and the employee;
(iii) the relationship between the sponsor and the department; and
(iv) the value of the sponsorship or assistance.
(h) Gifts and hospitality from a source, other than a family member:
(i) A description, value and source of a gift;
(ii) the relationship between the giver and the employee;
(iii) the relationship between the giver and the department; and
(iv) a description and the value of any hospitality intended as a gift in kind.
(i) Ownership and other interests in immovable property:
(i)A description and extent of the land or property;
(ii) the area in which it is situated;
(iii) the purchase price, date of purchase and the outstanding bond on the property; and
(iv)the estimated market value of the property.
(j) Vehicles:
(i) A description (make and model) of the vehicle;
(ii) the registration number of the vehicle; and
(iii) the purchase price, date of purchase and the outstanding amount owing on the vehicle.
(k)Other financial liabilities:
(i)nature of liability;
(ii)date on which liability was incurred;
(iii)principal amount of liability;
(iv)institution or person to whom liable; and
(v)period over which liability will be paid.

[Regulation 19(k) inserted by section 7 of the Public Service Amendment Regulations, 2023, Notice No. R. 3971, GG49517, dated 20 October 2023 - effective 1 November 2023]