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M E M O - National Treasury

M E M O 13 April 2006 ASSET & LIABILITY MANAGEMENT DIVISION (ALM) delegation OF POWERS, DUTIES AND FUNCTIONS, AS WELL AS SIGNING AUTHORITY PURPOSE 1 The purpose of this memorandum is to provide employees in the Asset and Liability Management (ALM) Division with: Copies of delegations of powers, duties and functions; and Guidelines regarding signing authority. BACKGROUND 2 Various delegation documents exist both within the National Treasury and the ALM Division. A need has been identified to ensure that all employees are provided with copies. 3 With regard to signing authority it has happened that employees provided approvals under the PFMA that only vests with Parliament and cannot be provided.

delegation of powers, duties and functions, as well as signing authority 3 delegations by the minister of finance and the dg: national treasury in terms of the public service act, 1994 (as amended)

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