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

Chapter 2 : National Treasury and National Revenue Fund

Part 1 : National Treasury

5. Establishment

 

(1) A National Treasury is hereby established, consisting of—
(a) the Minister, who is the head of the Treasury; and
(b) the national department or departments responsible for financial and fiscal matters.

 

(2) The Minister, as the head of the National Treasury, takes the policy and other decisions of the Treasury, except those decisions taken as a result of a delegation or instruction in terms of section 10.