Media Alert For Immediate Release Monday, 17 March 2013 North West Provincial Legislature to Conduct Public Hearings on North West Appropriation Bill, Division of Revenue Bill and Financial Management of Parliament Amendment Bill 2014 On Wednesday, 19 March 2014, the North West Provincial Legislature’s Portfolio Committee on Provincial Affairs and Finance will be conducting public hearings on the North West Appropriation Bill, Division of Revenue Bill and Financial Management of Parliament Amendment Bill 2014. The public hearings will be held at Lehurutshe Civic Centre in Zeerust, Tshing Location Extension 5 Hall in Ventersdorp, Mmabana Taung Theatre in Taung and Mogwase Correctional Hall in Rustenburg at 09h00. The North West Appropriation Bill aims to provide for appropriation of amounts of monies from the North West Provincial Revenue Fund for the requirements of the province in the 2014/2015 financial year and to provide for subordinate matters incidental thereto. The Division of Revenue Bill aims to provide for the equitable division of revenue raised nationally among the national, provincial and local spheres of government for the 2014/2015 financial year, the determination of each province’s equitable share and allocations to provinces, local government and municipalities from national government’s share and the responsibilities of all three spheres pursuant to such division and allocations, and to provide for matters connected therewith. Financial Management of Parliament Amendment bill is aimed to amend the Financial Management of Parliament Act, 2009 so as to insert further definitions; to deal with the financial management of provincial legislatures; to amend the provisions dealing with the oversight mechanism and to amend provisions dealing with Parliament’s annual budget, appropriations and approvals. The bill further seeks to delete certain provisions dealing with Parliament’s own revenue sources, to align the provisions dealing with reporting and auditing with the Public Finance Management Act, 1999 and to repeal certain sections of the Powers and Privileges Act, 1963. Members of the media are invited to attend the public hearing and they can contact Namhla on 079 527 0628 for further information. Ends Issued by: North West Provincial Legislature: Media & Communications Unit nwpl.gov.za/public/uploads/documents/nwpl_conducts_hearings_on_various_bills_17_March_2014.pdf
Posted on: Mon, 17 Mar 2014 12:56:08 +0000
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