Financial Management of Parliament Act 10 of 2009

The Financial Management of Parliament Act 10 of 2009 aims:

• to regulate the financial management of Parliament in a manner consistent with its status in terms of the Constitution; to ensure that all revenue, expenditure, assets and liabilities of Parliament are managed efficiently, effectively and transparently;
• to provide for the responsibilities of persons entrusted with financial management in Parliament;
• to provide financial management norms and standards for provincial legislatures; and
• to provide for matters connected therewith.

Amends

• Public Finance Management Act 1 of 1999

Commencement

• 19 April 2009, unless otherwise indicated
• Section 14 and those parts of other sections that refer to the strategic plan: date of the first elections for the National Assembly after the Act comes into effect
• Sections 15 to 20, 22, 23 and 51 to 62: start of the first financial year after the Act comes into effect

Amendments

Amended by Financial Management of Parliament Amendment Act 34 of 2014