Municipal Finance Management Act definition

Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);
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Municipal Finance Management Act. – means the Local Government: Municipal Finance Management Act No.56 of 2003, and any regulations made under that Act;
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Municipal Finance Management Act. (MFMA): means the Local Government: Municipal Finance Management Act, 56 of 2003.
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Examples of Municipal Finance Management Act in a sentence

  • Local Government: Municipal Finance Management Act No. 56 Of 2003 ABANTU ENINAMATYALA KUBO:Ubhaliso kuluhlu ngokwemiqathango:1.

  • Irregular expenditure is expenditure that is contrary to the Municipal Finance Management Act (Act No.56 of 2003), the Municipal Systems Act (Act No.32 of 2000), and the Public Office Bearers Act (Act No. 20 of 1998) or is in contravention of the economic entity’s supply chain management policy.

  • The annual financial statements have been prepared in accordance with the Standards of Generally Recognised Accounting Practice (GRAP), issued by the Accounting Standards Board in accordance with Section 122(3) of the Municipal Finance Management Act (Act 56 of 2003).

  • The primary purpose is to ensure that there is compliance with all the pieces of legislation that govern the content and public participation processes on the development of the Annual Report.Section 121(1) (2) and (3) of the Municipal Finance Management Act, 56 of 2003 determines as follows: “Every Municipality must for each financial year prepare an Annual Report.

  • Irregular Expenditure is expenditure that is contrary to the Municipal Finance Management Act (Act No 56 of 2003), the Municipal Systems Act (Act No 32 of 2000), the Public Office Bearers Act (Act No 20 of 1998), or is in contravention of the Municipality’s or Municipal Entities’ Supply Chain Management Policies.


More Definitions of Municipal Finance Management Act

Municipal Finance Management Act means the Local Government: Municipal Finance Management Act No. 56 of 2003 and, unless otherwise stated in this policy, any reference to “the Act” shall mean a reference to this Act;
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Municipal Finance Management Act. ’ means the Local Government: Munici-
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Municipal Finance Management Act means the Municipal Finance Management Act, MFMA (Act No. 56 of 2003);
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Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2000 [Act No. 53 of 2003], as amended from time to time;
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Municipal Finance Management Act. ’ means the Municipal Finance Manage- ment Act, 2003 (Act No. 56 of 2003); 10
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Municipal Finance Management Act. ’ means the Local Government: Munici- 25 pal Finance Management Act, 2003 (Act No. 56 of 2003);
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Municipal Finance Management Act means the Local Government Municipal Finance Management Act 56 of 2003
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