MFMA definition

MFMA means Municipal Finance Management Act, Act 56 of 2003.

Examples of MFMA in a sentence

  • The bidder is prevented from doing business with BCMM in terms of Regulation 38 and 44 of the Supply Chain Management Regulations (MFMA).

  • Over-payments to councilors, section 57 managers and contract employees In terms of section 164 (1) (c) (i) of the MFMA, loans to councillors or officers of the Municipality are forbidden.

  • An effective system of internal control for assets was not in place, as required by section 63(2)(c) of the MFMA.

  • Unauthorised expenditure incurred by the municipality was not investigated to determine if any person is liable for the expenditure, as required by section 32(2)(a) of the MFMA.

  • No reports were submitted in respect unauthorised and fruitless and wasteful expenditure as required by section 32(4) of the MFMA.


More Definitions of MFMA

MFMA means the Municipal Finance Management Act No 56 of 2003;
MFMA means Municipal Finance Management Act No 56 of 2003.
MFMA means the Local Government: Municipal Finance Management Act No. 56 of 2003 and its Regulations, as amended from time to time;
MFMA means Local Government: Municipal Finance Management Act, 2003 (Act 56 of 2003), as amended;
MFMA means the Local Government: Municipal Financial Management Act, 2003 (Act 56 of 2003);
MFMA means Local Government Municipal Finance Management Act No. 56 of 2003.