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Constitution Seventh Amendment Act of 2001
[was entitled "Constitution of the Republic of South Africa Second Amendment Act, No. 61 of 2001"]
To amend the Constitution of the Republic of South Africa, 1996, so as-to provide for the introduction, only by the Cabinet member responsible for national financial matters, of certain financial legislation in the National Assembly; to extend the definition of a money Bill; to regulate the withholding of funds by the national treasury if organs of state commit a serious and material breach of legislation prescribing treasury norms and standards; to provide that the enactment of national framework legislation governing the policies of organs of state on preferential procurement should be obligatory; to provide for the enactment of national framework legislation in connection with the withdrawal of money as direct charges against a Provincial Revenue Fund and certain payments from a Provincial Revenue Fund to municipalities; to reduce the number of members of the Financial and Fiscal Commission and to change the appointment procedure; to make provision for provincial borrowing powers; and to provide for matters connected therewith.
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