Financial Services Board Act, 1990
R 385
Municipal Finance Management Act, 2003 (Act No. 56 of 2003)Chapter 13 : Resolution of Financial ProblemsPart 2 : Provincial interventions144. Amendment of financial recovery plans |
(1) | The MEC for local government or the MEC for finance in the province may at any time, but subject to section 141(1) and (2), request any suitably qualified person or the Municipal Financial Recovery Service to prepare an amended financial recovery plan in accordance with the directions of the MEC. |
(2) | Section 141, read with such changes as the context may require, apply to the amendment of a financial recovery plan in terms of this section. |
(3) | No amendment of a recovery plan may impede the implementation of any court order made or agreement reached in terms of the plan before the amendment. |