| SECTION |
TITLE |
|
PREAMBLE |
|
CHAPTER 1. INTERPRETATION AND OBJECTS |
| 1. |
Definitions |
| 2. |
Objects of this Act |
|
CHAPTER 2. OVERSIGHT, EXECUTIVE AUTHORITY AND ADMINISTRATION OF ACT |
|
Part 1. The Committee |
| 3. |
The Committee |
|
Part 2. Executive Authority |
| 4. |
Executive Authority |
|
Part 3. Administration of Act |
| 5. |
Accounting Officer |
| 6. |
General financial management functions |
| 7. |
Performance of Accounting Officer |
| 8. |
Acting Accounting Officer |
| 9. |
Delegation of authority and duties by Accounting Officer |
| 10. |
Responsibilities of officials |
| 11. |
Fiduciary responsibilities |
|
CHAPTER 3. PLANNING AND BUDGETING |
| 12. |
Preparation of strategic plan, annual performance plan and budget |
| 13. |
Strategic plan |
| 14. |
Annual performance plan |
| 15. |
Annual budget |
| 16. |
Submission of draft of strategic plan, annual performance plan and budget |
| 17. |
Annual appropriations and approvals |
| 18. |
Expenditure before the Legislature's annual budget is passed |
| 19. |
Unauthorised expenditure |
| 20. |
Unauthorised expenditure of donor funds |
| 21. |
Virement between main divisions within the approved budget |
| 22. |
Treatment of unspent funds |
|
CHAPTER 4. CASH MANAGEMENT AND INVESTMENT |
| 23. |
Cash management and investment policy |
| 24. |
Opening of bank accounts |
| 25. |
Control of bank accounts |
| 26. |
Withdrawals from bank accounts |
| 27. |
Restrictions on borrowing, guarantees and other transactions |
| 28. |
Requisitioning of funds by Accounting Officer |
|
CHAPTER 5. FINANCIAL MANAGEMENT |
| 29. |
Asset and liability management |
| 30. |
Revenue management |
| 31. |
Management of debtors |
| 32. |
Expenditure management |
| 33. |
Support for Members and political parties |
| 34. |
Transfers |
| 35. |
Budget implementation |
| 36. |
Executive directive with financial implications |
| 37. |
Impending shortfalls and overspending |
|
CHAPTER 6. SUPPLY CHAIN MANAGEMENT |
| 38. |
Application of this Chapter |
| 39. |
Supply chain management policy |
| 40. |
Implementation of supply chain management policy |
| 41. |
Unsolicited offers |
| 42. |
Tenders not recommended |
| 43. |
Members of the Legislature barred from serving on tender committees |
| 44. |
Interference |
| 45. |
Prohibition on contracts |
|
CHAPTER 7. AUDIT COMMITTEE AND INTERNAL AUDIT UNIT |
| 46. |
Establishment of audit committee |
| 47. |
Functions of audit committee |
| 48. |
Allegations against Accounting Officer |
| 49. |
Internal audit |
|
CHAPTER 8. REPORTING AND AUDITING |
|
Part 1 In-year reporting |
| 50. |
Monthly financial reports |
| 51. |
Quarterly performance reports |
| 52. |
Mid-year budget and performance assessment |
| 53. |
Submission of reports to the Committee |
|
Part 2. Annual report, financial statements and auditing |
| 54. |
Preparation of annual reports |
| 55. |
Preparation of financial statements |
| 56. |
Submission of annual financial statements |
| 57. |
Auditing of annual financial statements |
| 58. |
Submission of annual report |
| 59. |
Tabling and consideration of a annual report |
| 60. |
Issues raised in audit reports |
| 61. |
Consequences of non-compliance with certain provisions |
|
Part 3. General reporting responsibilities |
| 62. |
Reporting of irregularities |
| 63. |
Instructions |
|
CHAPTER 9. REGULATIONS AND INSTRUCTIONS |
| 64. |
Regulations |
| 65. |
Instructions |
|
CHAPTER 10. FINANCIAL MISCONDUCT |
|
Part 1. Disciplinary proceedings |
| 66. |
Financial misconduct by Accounting Officer |
| 67. |
Financial misconduct by officials |
|
Part 2. Criminal proceedings |
| 68. |
Offences |
| 69. |
Penalties |
|
CHAPTER 11. MISCELLANEOUS |
| 70. |
Liability of functionaries exercising powers and functions in terms of this Act |
| 71. |
Repeal of legislation |
| 72. |
Short title and commencement |
| Sch. 1. |
SCHEDULE 1. CODE OF ETHICS FOR THE EXECUTIVE AUTHORITY |
| Sch. 2. |
SCHEDULE 2. MATTERS THAT MUST BE COVERED IN THE LEGISLATURE'S SUPPLY CHAIN MANAGEMENT POLICY |
| Sch. 3. |
TRANSITIONAL ARRANGEMENTS |
