the PFMA definition
Examples of the PFMA in a sentence
In this Agreement, unless otherwise stated, or the context otherwise indicates, the under-mentioned words and expressions shall, when used in this Agreement including in this definitions clause bear the meanings ascribed to them: Accounting Authority Body or person mentioned in Section 49 of the PFMA.
Accounting Officer Body or person mentioned in Section 36 of the PFMA.
To the extent necessary, the operation of this entire Agreement is subject to the condition precedent that all and any approvals required in terms of the PFMA are obtained by no later than 3 (three) months after the Signature Date (or such earlier or later date as the Company may notify the Service Provider in writing).
As the Accounting Authority in terms of the PFMA, the Board has a fundamental role in the management of risk.
In addition, the Borrower acknowledges and agrees that: (i) unless the “opt out provision” referred to in clause 3 of the PFMA has been selected, the Broker can sign and/or confirm future Loan Requests (and thereby create binding agreements) on behalf of the Borrower; and (ii) FSL may rely on and enforce as an agreement any document, arrangement or agreement entered into by the Borrower by the procedures set out in this clause.
The materiality framework is developed in accordance with Treasury Regulation 28.3.1 which requires that for the purposes of materiality [sections 50(1), 55(2), & 66(1) of the Public Finance Management Act (PFMA)] and significance [section 54(2) of the PFMA], the Accounting Authority must develop and agree on a framework of acceptable levels of materiality and significance with the relevant Executive Authority.
Accounting officers and accounting authorities are in terms of section 38(1)(c)(iii) and 51(1)(b)(iii) of the PFMA required to implement control measures to ensure that all expenditure in their respective institutions is necessary, appropriate, cost-effective and is recorded and reported, as prescribed by the relevant legislative framework.
The Jefferson Board of Directors has received the written opinion of ▇▇▇▇▇▇▇, ▇▇▇▇▇ & Co. to the effect that as of the date hereof the Exchange Ratio is fair to the holders of Jefferson Common Stock.
Such rules will be discussed with and submitted to the PFMA prior to adoption.
If the PFMA and/or the employee elects not to have a split sample test within 120 hours the City can proceed with appropriate action.