Housing Development Agency Act, 2008
R 385
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Public Finance Management Act, 1999 (Act No. 1 of 1999) Understanding and Using this ActNormative Measures For Financial ManagementPhase 1 : Perfecting The Basics5. General principles for financial management in the public sector |
| • | Financial management must be performed by or under supervision of personnel with the necessary technical training and proficiency. |
| • | In all decisions affecting departmental outputs, financial impact must objectively be considered with the aim to provide the public with economical, efficient, effective and appropriate services or products |
| • | Due professional care must be exercised during all financial decisions affecting departmental outputs. |
