National Treasury Standardised PPP Provisions

Year Published 2004
Business unit: Transaction Advisory Services (TAS) & PPP
Resource type: Briefing notes
File type: PDF
Theme(s): Economic Development, Public Private Partnerships, Trade & Industry

Description

In accordance with section 76(4)(g) of the Public Finance Management Act of 1999 (“PFMA”), the National Treasury may issue instructions to institutions to which the PFMA applies in order to facilitate the application of the PFMA and the regulations promulgated under the FMA. This Standardisation is issued by the National Treasury pursuant to such section of the PFMA as National Treasury PPP Practice Note Number 01 of 2004, and applies to departments, constitutional institutions, public entities listed or required to be listed in Schedules 3A, 3B, 3C and 3D to the PFMA and subsidiaries of such public entities. This Standardisation describes the key issues that are likely to arise in public private partnership (“PPP”) projects regulated by the provisions of regulation 16 of the Treasury Regulations entities listed or required to be listed in Schedules 3A, 3B, 3C and 3D to the PFMA and subsidiaries of such public entities.

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