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Public Finance Management Act, 1999 (Act No. 1 of 1999)

Regulations

Treasury Regulations for Departments, Constitutional Institutions and Public Entities

Part 3 : Planning and budgeting

5. Strategic Planning

 

5.1 Preparation of strategic plans

 

5.1.1 The accounting officer of an institution must prepare a strategic plan that is consistent with the period covered by the Medium Term Expenditure Framework for approval by the relevant executive authority.

 

5.2 Submission and contents of strategic plans

 

5.2.1 In order to facilitate the annual discussion of individual votes, accounting officers must provide Parliament or the relevant legislature with their respective institution’s medium term strategic plan, and where applicable, with its annual performance plan,

 

5.2.2 Parliament or the relevant legislature should receive the plans of departments at least 10 days prior to the discussion of the department’s budget vote.

 

5.2.3 The strategic plan must—
(a) cover a period of at least three years and be consistent with the institution’s published medium term expenditure estimates;
(b) include specific Constitutional and other legislative, functional and policy mandates that indicate the output deliverables for which the institution is responsible;
(c) include policy developments and legislative changes that influence programme spending plans over the MTEF period;
(d) include the measurable objectives, expected outcomes, programme outputs, indicators (measures) and targets of the institution’s programmes ;
(e) include details of proposed acquisitions of fixed or movable capital assets, planned capital investments and rehabilitation and maintenance of physical assets;
(f) include details of proposed acquisitions of financial assets or capital transfers and plans for the management of financial assets and liabilities;
(g) include multi-year projections of income and projected receipts from the sale of assets;
(h) include details of the Service Delivery Improvement Programme;
(i) include details of proposed information technology acquisition or expansion in reference to an information technology plan;
(j) for departments, include the requirements of Chapter 1, Part III B of the Public Service Regulations, 2001; and
(k) include details of specific plans that the executive authority, Parliament or the relevant provincial legislature may direct the institution to report on.

 

5.2.4 The strategic plan must form the basis for the annual reports of accounting officers as required by sections 40(1)(d) and (e) of the Act.

 

5.3 Evaluation of performance [Section 27(4) read with 36(5) of the PFMA]

 

5.3.1 The accounting officer of an institution must establish procedures for quarterly reporting to the executive authority to facilitate effective performance monitoring, evaluation and corrective action.

 

[Part 3, 5 substituted by Notice No. R. 146, GG29644, dated 20 February 2007]