Transcription of LOCAL GOVERNMENT: MUNICIPAL FINANCE …
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LOCAL GOVERNMENT: MUNICIPAL FINANCE …
REPUBLIC OF SOUTH AFRICALOCAL GOVERNMENT: MUNICIPAL FINANCEMANAGEMENT ACTREPUBLIEK VAN SUID-AFRIKAWET OP PLAASLIKEREGERING: MUNISIPALEFINANSI LE BESTUURNo 56 , 2003 ACTTo secure sound and sustainable management of the financial affairs of municipali-ties and other institutions in the LOCAL sphere of government ; to establish treasurynorms and standards for the LOCAL sphere of government ; and to provide formatters connected IT ENACTED by the Parliament of the Republic of South Africa, asfollows: ARRANGEMENT OF SECTIONSCHAPTER 1 INTERPRETATION, OBJECT, APPLICATION AND AMENDMENT OF of to which Act to ActCHAPTER 2 SUPERVISION OVER LOCAL government FINANCE functions of National Treasury and provincial by National TreasuryCHAPTER 3 MUNICIPAL REVENUEPart 1: MUNICIPAL bank of bank bank account details to be submitted to provincial treasuries and of MUNICIPAL bank from MUNICIPAL bank , charitable, trust or other fundsPart 2.
MUNICIPAL BUDGETS 15. Appropriation of funds for expenditure 16. Annual budgets 17. Contents of annual budgets and supporting documents 18. Funding of expenditure 19. Capital projects 20. Matters to be prescribed 21. Budget preparation process 22. Publication of annual budgets 23. Consultations on tabled budgets 24. Approval of annual budgets 25.
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