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NCOP Finance
Financial Matters Amendment Bill: adoption; Money Bills Amendment Procedure Bill: meeting with Gauteng Legislature; Legacy Report
27 Mar 2019
The Select Committee on Finance considered and unanimously adopted the draft report on the Financial Matters Amendment Bill [B 1B-2019] presented by the South African National Treasury delegation. The Democratic Alliance reiterated that they approved of all the amendments to the bill, except the amendments pertaining specifically to the Banks ...
NCOP Appropriations
Division of Revenue Bill: final mandates; Public Audit Excess Fee Bill: adoption; Committee Report on Eastern Cape ECD Grant; Legacy Report
27 Mar 2019
The Committee considered the final mandates and draft reports on the Division of Revenue Bill [B5-2019]; the Public Audit Excess Fee Bill [B7-2019]; the follow-up meeting with the Eastern Cape on progress with the Early Child Development (ECD) grant implementation. It also approved the draft Annual and Legacy Reports, and ...
NCOP Finance
Financial Matters Amendment Bill: public hearings
26 Mar 2019
The Committee held public hearings on the Financial Matters Bill. The Committee had received two written submissions on the Bill, one from Mr George Buthelezi from KwaZulu-Natal and the other from COSATU. COSATU was the only stakeholder present to give an oral submission.
COSATU welcomed and supported government’s Financial Matters ...
Joint Standing Committee on Financial Management of Parliament
Joint Standing Committee on the Financial Management of Parliament Legacy Report
20 Mar 2019
Members considered the draft Committee Legacy Report. In doing so, they made various language and grammatical changes. Members remarked that the report should indicate that certain matters needed urgent attention of the Sixth Parliament but they should not set a timeframe to deal with those matters. The report was adopted ...
NCOP Appropriations
Division of Revenue Bill: negotiating mandates
20 Mar 2019
Eight of the nine provinces presented negotiating mandates in support of the Division of Revenue Bill. The Western Cape legislature opposed the Bill on the grounds of the high debt service costs in comparison with the allocations for service delivery as well as the allocations made to Eskom and SAA. ...
NCOP Finance
Carbon Tax Bill; Customs & Excise Amendment Bill; PIC Amendment Bill: adoption; Financial Matters Amendment Bill: briefing
19 Mar 2019
The Committee approved the Carbon Tax Bill and its accompanying Customs and Excise Amendment Bill. The imposition of a Carbon Tax would happen from 1 June this year. The Committee Report on the Bill stated that it intended to encourage a “just transition” to a lower carbon economy by setting ...
Joint Standing Committee on Financial Management of Parliament
Parliament Mid-Term performance 2017/18: briefing by content adviser
13 Mar 2019
The Committee met for a presentation from the Content Advisor on the report on Parliament’s performance in the first half of the 2018/19 financial year. The presentation would prepare Members for the briefing by the management of Parliament slated for next week.
The Committee’s Content Adviser highlighted some anomalies emanating ...
NCOP Finance
Carbon Tax Bill; Customs and Excise Amendment Bill & PIC Amendment Bill: public hearings
12 Mar 2019
A range of stakeholders told the Committee that they opposed the implementation of the Carbon Tax Bill. While they agreed on the need to deal with climate change, they questioned whether the Bill was an appropriate measure.
Representatives of the domestic airlines industry asked for it to be exempted from ...
Standing Committee on Appropriations
Division of Revenue Bill: public hearings; FFC & SALGA input
8 Mar 2019
The Standing and Select Committees on Appropriations held a joint sitting to receive input on the 2019 Division of Revenue Bill (B5). The Financial and Fiscal Commission (FFC), the South African Local Government Association (SALGA), the Western Cape Forum for Intellectual Disability (WCFID) and Equal Education all submitted their comments ...
Standing Committee on Appropriations
Division of Revenue Bill & Public Audit Excess Fee Bill: briefing
7 Mar 2019
Both the Standing and Select Committees on Appropriations were briefed by the National Treasury on the how the nationally collected tax revenue will be shared between the three spheres of government.
Main Budget expenditure will grow by 8% over the medium term. National departments will receive R684.7 billion this year; ...