Examples of Municipal Asset Transfer Regulations in a sentence
Exempted capital assets shall be transferred strictly in accordance with Chapter 3 of the Municipal Asset Transfer Regulations.
Non-exempted capital assets shall be transferred or permanently disposed of strictly in accordance with Chapter 2 of the Municipal Asset Transfer Regulations.
The Accounting Officer must develop and implement an effective and efficient infrastructure disposal policy in line with the Municipal Asset Transfer Regulations.
This paragraph must be read with and applied in conjunction with the Municipal Asset Transfer Regulations contained in Government Notice R.
The granting of rights (where sections 14 and 90 of the MFMA do not apply) by the Municipality, shall be executed strictly in accordance with Chapter 4 of the Municipal Asset Transfer Regulations.
Legal AuthorityThe application is regarded as a disposal of a capital asset in terms of: Section 14 of the Municipal Finance Management Act, 2003 (Act 56 of 2003) The Local Government: Municipal Asset Transfer Regulations, 2008 (Government Gazette Number 31346) Sol Plaatje Municipality Policy on Land and Other Immovable Capital Assets (2016).
To give effect to: 344.1 Regulation 40 of the Supply Chain Management Regulations which requires an effective system for the disposal of letting of assets including unserviceable, redundant or obsolete assets, and 344.2 the Municipal Asset Transfer Regulations, subject to sections 14 and 90 of the Municipal Finance Management Act (MFMA) and any other applicable legislation.
The Municipal Asset Transfer Regulations, subject to sections 14 and 90 of the Municipal Finance Management Act (MFMA) and any other applicable legislation.
Before disposal of immovable assets refer to section 14 of the MFMA and the Municipal Asset Transfer Regulations (no.
Exempt assets Capital assets transferred to another municipality or to a municipal entity or to a national or provincial organ of state 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 in terms of the Municipal Asset Transfer Regulations.