The Standing Committee on Finance was established in terms of section 4 (1) on the Money Bills Amendment Procedure and Related Matters Act, Act No 9 of 2009. The mandate of the Committee is conferred to it by the Constitution, legislation, the standing rules or a resolution of a House, including considering and reporting on- a) The national macro-economic and fiscal policy. b) Amendments to the fiscal framework, revised fiscal framework and revenue proposals and Bills. c) Actual revenue published by the National Treasury. d) Any other related matter set out in the Money Bills Amendment Procedure and Related Matters Act, Act No 9 of 2009.