(1)
| (a) | The Minister may delegate to the Director-General or any officer of the National Treasury any of the powers conferred upon the Minister by this Act, except the power conferred by section 8, and may authorize the Director-General or such an officer to perform any of the functions or to carry out any of the duties which are assigned to or imposed upon the Minister by this Act. |
| (b) | A delegation in terms of paragraph (a) to the Director-General or an officer of the National Treasury— |
| (i) | is subject to any limitations or conditions that the Minister may impose; |
| (ii) | may authorize the Director-General or officer to sub-delegate, in writing, the delegated power, function or duty to any other officer of the National Treasury; and |
| (iii) | does not divest the Minister of the responsibility concerning the exercise of the delegated power or the performance of the function or duty. |
| (c) | The Minister may vary or revoke any decision taken by an official as a result of a delegation, subject to any rights that may have vested as a consequence of the decision. |
| (2) | The Director-General may delegate to any officer of the National Treasury any of the powers conferred upon the Director-General by this Act and may with such approval authorize any such officer to perform or carry out any function or duty assigned to or imposed upon the Director-General by this Act, provided that subsection (1)(b) and (c) also apply with the necessary changes in respect of a delegation under this subsection. |
[Section 7 substituted by section 9 of the Financial Matters Amendment Act, 2023 (Act No. 09 of 2023), Notice No. 3651, GG48917, dated 7 July 2023 - effective 14 July 2023 per Notice No. 3683, GG48962 dated 14 July 2023 (section 21(2))]]
