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NCOP Appropriations
Adjustments Appropriation Bill [B28-15], Finance Bill [B31-15], New Development Bank Special Appropriations Bill [B32-15]: adoption
26 Nov 2015
The Committee adopted the Adjustments Appropriation Bill, the Finance Bill and the New Development Bank Special Appropriations Bill.
The Democratic Alliance presented a submission on the DA's position on the Adjustments Appropriation Bill. It detailed various budget items within the budget votes of departments which the DA believed could have ...
NCOP Appropriations
Adjustments Appropriation Bill[B28-15]; Finance Bill [B31-15]; and New Development Bank Special Appropriations Bill [B32-15]: consideration; Proposed division of revenue and conditional grant allocations to provinces and local government: consideration
25 Nov 2015
The National Treasury briefed the Committee on the New Development Bank Appropriation Bill. The New Development Bank (the Bank) is a multilateral development bank,whose members in the first instance will be the BRICS countries as equal partners, with the purpose of mobilising alternative sources of financing, in the form of ...
NCOP Appropriations
Division of Revenue Amendment Bill: final mandates; Committee Report on Division of Revenue Amendment Bill
24 Nov 2015
The Committee had held a meeting on 17 November and two matters were raised that necessitated the need to obtain legal opinion. These were: whether the Select Committee may consider a Bill and the negotiating mandates from Provincial Legislatures prior to the National Assembly passing the Bill which it only ...
NCOP Appropriations
Division of Revenue Amendment Bill [B27-2015]: final Mandates: Decision deferred
18 Nov 2015
The Committee met to consider the final mandates on the 2015 Division of Revenue Amendment Bill from Provinces. The Parliamentary Legal Advisers were present to give guidance to Members. The Committee Secretary announced that six final mandates had been presented, and of those, five were in favour of the Bill. ...
NCOP Appropriations
Division of Revenue Amendment Bill [B27-15]: negotiating mandates
17 Nov 2015
The Committee met to hear the negotiating mandates presented by the provinces on the 2015 Division of Revenue Bill (DORB). Members discussed at length whether or not it was procedurally correct for the Committee to hear negotiating mandates at this meeting, because the National Assembly (NA) would only be dealing ...
Standing Committee on Appropriations
2015 Medium Term Budget Policy Statement; Finance Bill [B31-15]; New Development Bank Special Appropriation Bill [B32-15]: public hearings
11 Nov 2015
On the MTBPS, COSATU drew attention to certain core areas. Within the economic context, there was a 34% unemployment crisis and government needed to put in more effort to create jobs. COSATU noted that while some attempts appeared to have been made in respect of fighting corruption, it was concerned ...
Finance Standing Committee
Taxation Laws Amendment Bill [B29-15]; Tax Administration Laws Amendment Bill [B30-15]: public hearings & response
10 Nov 2015
Submissions were made by the Association for Savings and Investment SA (ASISA); Old Mutual; the South African Reward Association (SARA), and COSATU. National Treasury and the South African Revenue Service (SARS) responded to their proposals, whereafter the stakeholders were permitted to reply.
ASISA strongly supported Option 1 as set out ...
Higher Education, Science and Innovation
University Funding & 2015 MTBPS: hearing with DHET & Council on Higher Education, with Minister
4 Nov 2015
A joint meeting of the Standing and Select Committees on Appropriations and the Portfolio Committee on Higher Education heard submissions from the Department of Higher Education and Training (DHET) and the Council on Higher Education (CHE) on the funding of the higher education sector and the post-school education and training ...
NCOP Finance
Taking Parliament to the People: Committee Researcher's Analysis; Follow up on Western Cape financial issues considered during earlier oversight: Provincial Treasury briefing
4 Nov 2015
The Select Committee on Finance noted that the MEC for Finance, Western Cape, had responded to concerns that were discussed previously, and had submitted a full response to the House Chairperson. Fourteen matters of concern were addressed in that letter. It was noted that the Select Committee on Finance, together ...
Finance Standing Committee
2015 Revised Fiscal Framework Report (MTBPS): consideration
3 Nov 2015
The DA submitted that a number of core issues were not included in the observations and recommendations. These included concern over the rate of economic growth; changed policies for growth; expenditure; a lack of long-term fiscal guidelines; cost containment measures; the contingency reserve; debt levels; fiscal risks and the Public ...