The Public Finance Management Act 1 of 1999 intends:

  • to regulate economic management inside the national authorities;
  • to ensure that each one sales, expenditure, property and liabilities of that government are managed efficaciously and effectively;
  • to offer for the obligations of humans entrusted with financial control in that authorities; and
  • to offer for matters connected therewith.

Amends

  • Exchequer Act (previous quick title: Exchequer and Audit Act) 66 of 1975
  • Railways and Harbours Acts Amendment Act sixty seven of 1980
  • Railways and Harbours Acts Amendment Act 29 of 1981
  • Legal Succession to the South African Transport Services Act 9 of 1989
  • Finance Act one hundred twenty of 1991
  • Finance Act forty one of 1994

Commencement

  • 1 April 2000 except Chapter 11 and Section 93(4)
  • 2 March 1999, Chapter eleven and Section 93(4) and people provisions determined by way of the Minister by way of notice within the Government Gazette, in an effort to take effect on a date decided with the aid of the awareness, but which won’t be a date later than 1 April 2003
  • 1 April 2001, Sections thirteen(2), 22(2), 52, 66(three), sixty six(7)(b) and 70(1)(b) (Gazette 21053 of 31 March 2000)
  • 31 August 2001, proviso to Sections 15(1)(a)(ii), 18(2) (a), 27(three)(e) and 38(2) (Gazette 21053 of 31 March 2000)
  • 1 August 2002, Sections 27(4) (Gazette 21053 of 31 March 2000)
  • 1 April 2003, Sections 8 and 19 (Gazette 21053 of 31 March 2000)

Amendments

  • Amended by Financial Management of Parliament Amendment Act 34 of 2014
  • Amended through Financial Management of Parliament Act 10 of 2009
  • Amended by using South African Express Act 34 of 2007
  •  Amended by Broadband Infraco Act 33 of 2007
  • Amended with the aid of Public Service Amendment Act 30 of 2007
  • Amended by way of South African Airways Act 5 of 2007
  • Amended by means of Public Audit Act
  • Amended by Judicial Officers (Amendment of Conditions of Service) Amendment Act 28 of 2003
  • Amended by way of Local Government: Municipal Systems Amendment Act 32 of 2000
  • Amended by means of Public Finance Management Amendment Act 29 of 1999