DENEL SOC LIMITED
INTRODUCTION
Please note that PQ 1569 was referring to contracts awarded to VR Laser by Denel. The issue of PFMA exemption relates to transactions entered into by Denel Vehicle Systems’ predecessor, BAE Systems Land Systems South Africa (LSSA), prior to the acquisition by Denel. Therefore, these are distinct matters which are unrelated.
In relation to the DVS application for exemption from the PFMA, the following responses are applicable to PQ 2850:
(1) |
Denel SOC Ltd has not yet received a response to its application for the exemption from the National Treasury (NT). |
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(a) |
NT would be the authority for granting exemptions; however, no response has been received as yet. Therefore, this question should be directed at NT as the authority and custodian of the process and in view of the exemption not having been granted, this question is premature. |
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(b) |
See response in (a) above. |
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(2) |
See response in (a) above. |
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(3) |
The tabling, presumably, should be preceded by the Gazetting. Therefore, depending on the outcome of NT’s consideration, it is expected that the tabling in Parliament of the exemption shall be effected. |
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