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NCOP Finance
Pension Funds Amendment Bill: National Treasury briefing
26 Mar 2024
The Select Committee on Finance met on a virtual platform for a briefing from National Treasury on the Pension Funds Amendment Bill.
The Pension Funds Amendment Bill was first published for public comments on 9 June 2023. The Bill introduced the “two-pot” retirement system intended to ensure the preservation ...
NCOP Trade & Industry, Economic Development, Small Business, Tourism, Employment & Labour
Small Enterprise Amendment Bill: DSBD response to negotiating mandates
26 Mar 2024
The Select Committee held a virtual platform to receive responses by the Parliamentary Legal Advisor and the Department of Small Business Development (DSBD) to issues raised in the negotiating mandates on the Small Enterprise Amendment Bill [B16B-2023].
The Committee was satisfied with the responses especially on the concern about ...
NCOP Finance
Revenue Laws Amendment Bill: adoption
25 Mar 2024
Report of the meeting to follow.
In this virtual meeting, the Committee convened to finalise the Revenue Laws Amendment Bill.
In this Bill, the government proposes implementing the “two-pot” retirement system to address the concerns related to lack of preservation before retirement and lack of access to retirement ...
NCOP Appropriations
Division of Revenue Bill; Second Adjustments Appropriation (2023/24 FY) Bill & GFECRA A/B: engagement with FFC
20 Mar 2024
The Select Committee on Appropriations convened in a virtual meeting to consult with the Financial and Fiscal Commission (FFC) on the Division of Revenue Bill, the Second Adjustments Appropriation Bill (2023/24 financial year), and the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) Defrayal Amendment Bill.
The FFC said ...
NCOP Finance
Revenue Laws Amendment Bill: proposed amendments by ASISA & IRFA
19 Mar 2024
In a virtual meeting the Select Committee heard the Association for Savings and Investment South Africa (ASISA) submission on the Revenue Laws Amendment Bill and National Treasury response to it. The Institute of Retirement Funds Africa (IRFA) submission supported these two key changes to the 2023 Revenue Laws Amendment ...
NCOP Trade & Industry, Economic Development, Small Business, Tourism, Employment & Labour
Companies Amendment Bills: Committee Reports; Small Enterprise A/B: Negotiating Mandates & DSBD response
19 Mar 2024
The Select Committee on Trade and Industry, Economic Development, Small Business Development, Tourism, Employment and Labour met on a virtual platform to consider the reports on two Amendment Bills brought by the Department of Trade and Industry: the Companies Amendment Bill 2023 [B27b-2023] and the Companies Second Amendment Bill ...
NCOP Finance
Revenue Laws Amendment Bill & Pension Funds Amendment Bill: public hearings
15 Mar 2024
In a virtual meeting, the Select Committee on Finance received comments from the Congress of South African Trade Unions (COSATU) on the Revenue Laws Amendment Bill (RLA Bill) [B39B-2023] and the Pension Funds Amendment Bill [B3-2024].
Cosatu said they supported the RLA Bill and the Pension Funds Amendment Bill ...
Standing Committee on Appropriations
Gold and Foreign Exchange Contingency Reserve Account Defrayment Amendment Bill: public hearings
15 Mar 2024
The Standing and Select Committees on Appropriations held a joint meeting to receive submissions from stakeholders on the 2024 Gold and Foreign Exchange Contingency Reserve Account Defrayal (GFECRA) Amendment Bill. During his February Budget Speech, the Minister of Finance introduced this bill, which is intended to facilitate the drawing ...
NCOP Finance
Postponed: Response by National Treasury on the submissions to the Public Procurement Bill
14 Mar 2024
The meeting was postponed to technical difficulties
Standing Committee on Appropriations
Division of Revenue Bill & Second Adjustments Appropriation (2023/24 FY) Bill: Public Hearings
13 Mar 2024
The Standing Committee on Appropriations and the Select Committee on Appropriations convened jointly to receive briefings from various organisations, including Equal Education, the Public Service Accountability Monitor, the Rural Health Advocacy Project, the TB Accountability Monitor, the Western Cape Children’s Commissioner , Amandla.mobi, Budget Justice Coalition, Section27, and the ...