means the Reserve Bank of established by the Reserve Bank of Act “Reserve Bank” [Chapter 22:10]; means all taxes, fees and other income of the State from whatever source “revenues” arising (not being moneys which are required by law to be paid into a separate fund), including the proceeds of all loans raised by the State which, in terms of section 101 of the Constitution, form part of the Consolidated Revenue Fund; means a person appointed in terms of section 70(b) for the registration of bonds “registrar” and stock; means the Secretary responsible for finance and Paymaster-General; “Secretary” public means a local authority or joint venture referred to in paragraph “specified entity” (c) or (d) of the definition of which is specified for the purposes of Part “public entity” V; means property which is owned by the State or property for the custody “State property” and care of which the State is responsible; means any fund established by or under any enactment not including— “statutory fund” (a) a fund established under section 18; or (b) a fund established by or for the purposes of a public entity which does not contain public money; means the Minister or any officer in the Treasury authorised by the Minister in “Treasury” writing to act on behalf of the Treasury; means a Treasury bill issued in pursuance of Part VI; “Treasury bill” in relation to a sinking fund, means trustees appointed in terms of section 75. “trustees”, 3 Object of Act The object of this Act is to secure transparency, accountability and sound management of the revenues, expenditure, assets and liabilities of any entity specified in section 4(1). 4 Application of Act (1) This Act, to the extent hereinafter indicated, shall apply to— (a) Ministries; and (b) designated corporate bodies and public entities; and (c) constitutional entities; and (d) statutory funds. (2) To the extent that a provision of this Act applies to Parliament, any controlling and supervisory functions of Treasury in terms of that provision shall be performed by the Speaker of the National Assembly. (3) In the event of any inconsistency between this Act and any other enactment, this Act shall prevail. 5 Amendments to this Act Proposed legislation directly or indirectly amending this Act, or providing for the enactment of subordinate legislation that may conflict with this Act, may be introduced in Parliament—
“Reserve Bank” means the Reserve Bank of established by the Reserve Bank of Act [Chapter 22:10]; “revenues” means all taxes, fees and other income of the State from whatever source arising (not being moneys which are required by law to be paid into a separate fund), including the proceeds of all loans raised by the State which, in terms of section 101 of the Constitution, form part of the Consolidated Revenue Fund; “registrar” means a person appointed in terms of section 70(b) for the registration of bonds and stock; “Secretary” means the Secretary responsible for finance and Paymaster-General; “specified public entity” means a local authority or joint venture referred to in paragraph (c) or (d) of the definition of “public entity” which is specified for the purposes of Part V; “State property” means property which is owned by the State or property for the custody and care of which the State is responsible; “statutory fund” means any fund established by or under any enactment not including— (a) a fund established under section 18; or (b) a fund established by or for the purposes of a public entity which does not contain public money; “Treasury” means the Minister or any officer in the Treasury authorised by the Minister in writing to act on behalf of the Treasury; “Treasury bill” means a Treasury bill issued in pursuance of Part VI; “trustees”, in relation to a sinking fund, means trustees appointed in terms of section 75. 3 Object of Act The object of this Act is to secure transparency, accountability and sound management of the revenues, expenditure, assets and liabilities of any entity specified in section 4(1). 4 Application of Act (1) This Act, to the extent hereinafter indicated, shall apply to— (a) Ministries; and (b) designated corporate bodies and public entities; and (c) constitutional entities; and (d) statutory funds. (2) To the extent that a provision of this Act applies to Parliament, any controlling and supervisory functions of Treasury in terms of that provision shall be performed by the Speaker of the National Assembly. (3) In the event of any inconsistency between this Act and any other enactment, this Act shall prevail. 5 Amendments to this Act Proposed legislation directly or indirectly amending this Act, or providing for the enactment of subordinate legislation that may conflict with this Act, may be introduced in Parliament—