n IMFO : Official Journal of the Institute of Municipal Finance Officers - RED's and Section 78 of the Municipal Systems Act

Volume 7, Issue 1
  • ISSN : 1607-520X



Extracted from text ... 27 IMFO ? Spring 2006 One of the major requirements for transformation in the EDI is the completion of a Section 78 process in terms of the Municipal Systems Act, Act 32 of 2000, as amended (MSA) and a Section 84 process in terms of the Municipal Finance Management Act, Act 56 of 2003, as amended (MFMA). The MSA came into operation in 2001 and it is safe to say that by now all municipalities should have had a Section 78 completed as required. The reason why this is assumed is not because of the current developments in the industry, ..

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