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Public Finance Management Act, 1999 (Act No. 1 of 1999)

Chapter 12 : Miscellaneous

93. Transitional provisions

 

(1) Anything done in terms of a provision of the Exchequer Act, 1975 (Act No. 66 of 1975), which can be done in terms of a provision of this Act, must be regarded as having been done in terms of this Act.

 

(2) All treasury regulations and instructions made or issued in terms of the Exchequer Act, 1975, remain in force until repealed in terms of section 76 of this Act.

 

(3) Until the Accounting Standards Board is established, the National Treasury may perform the functions of the Board.

 

(4) The provisions of the Revenue Funds Interim Arrangements Act, 1997 (Act No. 95 of 1997), despite the fact that they have lapsed, must be regarded as forming part of this Act until 1 April 2000.

 

 


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