Exempted Capital Asset definition
Exempted Capital Asset. : means a municipal capital asset which is exempted by section 14(6) or 90(6) of the MFMA from the other provisions of that section.
Exempted Capital Asset means a municipal capital asset which is exempted by 14(6) or 90(6) of the Municipal Finance Management Act, 2003 (MFMA) from the other provisions of that section;
Exempted Capital Asset. : means a municipal capital asset which is exempted by
More Definitions of Exempted Capital Asset
Exempted Capital Asset means a capital asset which is exempted by sect ion (14)(6) or section 90(6) of the MFMA, as more fully dealt with in Chapter 5 of the MATR t hat is, an asset that is needed for the provisions of basic municipal services.
Exempted Capital Asset means a capital asset which is exempted by section (14)(6) or section 90(6) of the MFMA, that is, an asset that is needed for the provisions of basic municipal services.
Exempted Capital Asset. , means a municipal capital asset which is exempted by section 14(6) or 90(6) of the Act from the other provisions of that section. This refers to the transfer of a capital asset to another organ of state (Municipality/Municipal entity, Provincial and National Government) in circumstances and in respect of categories of assets approved by the National Treasury, provided that such transfers are in accordance with a prescribed framework. This should be read in the context of Chapter 3 of the Municipal Asset Transfer Regulations issued in terms of Local Government: Municipal Finance Management Act, Act 56 of 2003.
Exempted Capital Asset means a municipal capital asset which is exempted by section 14(6) or 90(6) of the
Exempted Capital Asset means a capital asset which is exempted by section (14)
Exempted Capital Asset means a Capital Asset which exempted by
Exempted Capital Asset means a Capital Asset which exempted by Section 14(6) of the Act from the other provisions of that section;