Acts Online
GT Shield

Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)

Chapter 9 : Municipal Budget and Treasury Offices

83. Competency levels of professional financial officials

 

(1) The accounting officer, senior managers, the chief financial officer and other financial officials of a municipality must meet the prescribed financial management competency levels.

 

(2) A municipality must for the purposes of subsection (1) provide resources or opportunities for the training of officials referred to in that subsection to meet the prescribed competency levels.

 

(3) The National Treasury or a provincial treasury may assist municipalities in the training of officials referred to in subsection (1).