Public Service Commission Act, 1997
R 385
Constitution of the Republic of South Africa, 1996 (Act No. 108 of 1996)Chapter 13 : FinanceGeneral Financial Matters218. Government guarantees |
| (1) | The national government, a provincial government or a municipality may guarantee a loan only if the guarantee complies with any conditions set out in national legislation. |
| (2) | National legislation referred to in subsection (1) may be enacted only after any recommendations of the Financial and Fiscal Commission have been considered. |
| (3) | Each year, every government must publish a report on the guarantees it has granted. |
