To secure sound and sustainable management of the financial affairs of municipalities and other institutions in the local sphere of government; to establish treasury norms and standards for the local sphere of government; and to provide for matters connected therewith.
Last update: December 2023
Copyright: This Act reproduced under Government Printers Copyright Authority 10154 dated 20 March 1996
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Latest Developments:
The Municipal Finance Management Act, 2003 (Act No.56 of 2003), has been updated with Amendments to Regulations 1, 12, 14, 16, 18, 19 and 35 of the Municipal Supply Chain Management Regulations, 2005 under N868 of 2005, as per Notice No. 4198 of GG49863, dated 14 December 2023.
The Municipal Finance Management Act, 2003 (Act No.56 of 2003), has been updated with the Municipal Supply Chain Management Regulations, 2005, as per Notice No. 868 of GG27636, dated 30 May 2005.
The Municipal Finance Management Act, 2003 (Act No.56 of 2003), Regulations are hereby amended noting Exemptions from this Act, as per Notice No. 851 of GG 43582, dated 5 August 2020.
The Municipal Finance Management Act, 2003 (Act No.56 of 2003), Regulations are hereby amended noting Exemptions from Municipal Supply Chain Management Regulations, as per Notice No. 503 of GG 43281, dated 5 May 2020.
This Act has been added to the site, as published in Government Gazette No 26019 dated 13 February 2004.