National Regulator for Compulsory Specifications Act, 2008 (Act No. 5 of 2008)

Financial Management

Purchase

(1)	The National Regulator is a national public entity and must comply with the Public Finance Management Act.

(2)	For the purposes of the Public Finance Management Act—

(a)	the Board is the accounting authority as contemplated by section 49(2)(a) of that Act;

(b)	the Minister is the executive authority as contemplated by section 52 of the Public Finance Management Act; and

(c)	any delegation or assignment of the Board's powers and duties must be in accordance with section 56 of the Public Finance Management Act.