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NCOP Finance
Pension Funds Amendment Bill: adoption
19 Apr 2024
The Select Committee on Finance considered and adopted the Pension Funds Amendment (PFA) Bill and the accompanying Committee Report.
The objective of the Bill is to amend the Pension Funds Act (PFA), of 1956, the Post and Telecommunications Related Matters Act (PTRMA), of 1958, the Transnet Pension Fund Act (TPFA), of ...
Ad Hoc Committee on General Intelligence Laws Amendment Bill (NCOP) (2024)
GILAB: SSA briefing; with Minister
4 Apr 2024
The Ad Hoc Committee met to be briefed by the State Security Agency (SSA) on the General Intelligence Laws Amendment Bill (GILAB) [B40-2003].
GILAB seeks to enable the President, through this legislation, to establish Domestic Service which shall be responsible for Counter-Intelligence and Intelligence gathering mandates and functions, and ...
Ad Hoc Committee on General Intelligence Laws Amendment Bill (NCOP) (2024)
Election of Chairperson; Draft Programme
28 Mar 2024
The Committee met to nominate and elect a chairperson for the NCOP Ad Hoc Committee on General Intelligence Laws Amendment Bill. The Bill overhauls the legislative framework currently provided in the National Strategic Intelligence Act, the Intelligence Services Act and the Intelligence Services Oversight Act, disestablishing the State Security ...
NCOP Appropriations
Division of Revenue Bill; Second Adjustments Appropriation (2023/24 FY) Bill & GFECRA A/B: engagement with FFC
20 Mar 2024
The Select Committee on Appropriations convened in a virtual meeting to consult with the Financial and Fiscal Commission (FFC) on the Division of Revenue Bill, the Second Adjustments Appropriation Bill (2023/24 financial year), and the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) Defrayal Amendment Bill.
The FFC said ...
NCOP Finance
Revenue Laws Amendment Bill: proposed amendments by ASISA & IRFA
19 Mar 2024
In a virtual meeting the Select Committee heard the Association for Savings and Investment South Africa (ASISA) submission on the Revenue Laws Amendment Bill and National Treasury response to it. The Institute of Retirement Funds Africa (IRFA) submission supported these two key changes to the 2023 Revenue Laws Amendment ...
NCOP Finance
Revenue Laws Amendment Bill & Pension Funds Amendment Bill: public hearings
15 Mar 2024
In a virtual meeting, the Select Committee on Finance received comments from the Congress of South African Trade Unions (COSATU) on the Revenue Laws Amendment Bill (RLA Bill) [B39B-2023] and the Pension Funds Amendment Bill [B3-2024].
Cosatu said they supported the RLA Bill and the Pension Funds Amendment Bill ...
Standing Committee on Appropriations
Gold and Foreign Exchange Contingency Reserve Account Defrayment Amendment Bill: public hearings
15 Mar 2024
The Standing and Select Committees on Appropriations held a joint meeting to receive submissions from stakeholders on the 2024 Gold and Foreign Exchange Contingency Reserve Account Defrayal (GFECRA) Amendment Bill. During his February Budget Speech, the Minister of Finance introduced this bill, which is intended to facilitate the drawing ...
Standing Committee on Appropriations
Division of Revenue Bill & Second Adjustments Appropriation (2023/24 FY) Bill: Public Hearings
13 Mar 2024
The Standing Committee on Appropriations and the Select Committee on Appropriations convened jointly to receive briefings from various organisations, including Equal Education, the Public Service Accountability Monitor, the Rural Health Advocacy Project, the TB Accountability Monitor, the Western Cape Children’s Commissioner , Amandla.mobi, Budget Justice Coalition, Section27, and the ...
NCOP Finance
Revenue Laws Amendment Bill: National Treasury briefing
12 Mar 2024
The Select Committee on Finance convened virtually to be briefed by National Treasury on the 2023 Revenue Laws Amendment Bill (RLA Bill).
Regarding the “two-pots” system, the Committee was concerned about the default exclusion of people 55 years and older from the system. National Treasury explained that while there ...
NCOP Appropriations
Division of Revenue Bill; Second Adjustments Appropriation (2023/24 FY) Bill & Gold and Foreign Exchange A/B: National Treasury briefing
6 Mar 2024
In a virtual meeting, the Select Committee on Appropriations heard a briefing by National Treasury on the 2024 Division of Revenue Bill, the Second Adjustments Appropriation Bill, and the Gold and Foreign Exchange Contingency Reserve Account Defrayment Amendment Bill (GFECRA). This sparked much engagement ...