On 25 October 2012, the Minister of Finance tabled the 2012 revised fiscal framework, as part of the 2012 Medium Term Budget Policy Statement (MTBPS) in the National Assembly of the Parliament of South Africa. Section 12 (7) of the Money Bills Act states that the Committees on Finance must 9 days after the tabling of the national adjustments budget submit a report on the Revised Fiscal Framework to the respective Houses for consideration and adoption.