Common Contracts

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June 29th, 2021

• Filed
  June 29th, 2021

the PFMA.","SECTION 2-INTRODUCTION 2.1 DEFINITIONS 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.","The iSimangaliso Authority is listed as a Schedule 3a Public Entity under the PFMA and is the protected area manager in terms of the NEMPAA.","Invoices shall be entertained in terms of the PFMA and therefore paid within (30) days on receipt of an invoice The price quoted by the services must include Value Added Tax (VAT).","Sections 50 and 51 of the PFMA however details the fiduciary duties of boards (accounting authorities) of public entities such as the SABC.","Section 54(1) of the PFMA obligates the accounting authority to submit to the Treasury or the Auditor-General documents, explanations and motivations as may be prescribed or as