Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)Chapter 16 : Miscellaneous178. Transitional provisions |
| (1) | Anything done in terms of a provision repealed by section 179(1), which can be done in terms of a provision of this Act, must be regarded as having been done in terms of this Act. |
| (2) | All municipalities must within three months of the date on which this section takes effect, submit to the National Treasury a list of— |
| (a) | all corporate entities in which the municipality or a municipal entity under its sole or shared control has an interest, specifying— |
| (i) | the name and address of the corporate entity; |
| (ii) | the purpose, extent and other particulars of the interest; |
| (iii) | if such corporate entity is a municipal entity, whether the entity is under the sole or shared control of the municipality; and |
| (iv) | such other information as may be required by the National Treasury; |
| (b) | all public-private partnerships to which the municipality is a party, with a value of more than one million Rands in total or per annum, specifying— |
| (i) | the name and physical address of the private party participating in the public-private partnership; |
| (ii) | the purpose and other particulars of the public-private partnership; and |
| (iii) | such other information as may be required by the National Treasury; and |
| (iv) | all other types of contracts of the municipality for a period beyond 1 January 2007 and with a value of more than one million Rands in total or per annum. |