South Africa Act or statute

Parliament of the Republic of South Africa

Exchequer Amendment Act

The Minister of Finance may redeem certain obligations tied to South Africa’s assumed liability for specified Namibia-related debts, may increase State Debt accordingly, and must publish the effective date in the…

government liabilitiesstate debt

Jurisdiction: South Africa
Structure: 2 provisions
Citation: Act 3 of 1997
Dates: Record updated 7 Mar 1997

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Dates: Record updated 7 Mar 1997

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“The Minister of Finance may redeem certain obligations tied to South Africa’s assumed liability for specified Namibia-related debts, may increase State Debt accordingly, and must publish the effective date in the Gazette.”

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I Notwithstandin an bin

Section 52C

This Act shall be called the Exchequer Amendment Act, 1997.

This section gives the Act its short title: Exchequer Amendment Act, 1997.

Section 2

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Source record from www.parliament.gov.za · Record updated 7 Mar 1997

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Showing 2 of 2 provisions

Short title 2

§ 52CI Notwithstandin an binShort title

52C. I Notwithstandin an bin to the contr contained in an law the Minister of Finance may redeem any obligation which arises from the assumption by the Republic of South Africa of liability for the payment , of the debts incurred by the Republic of Namibia in terms of the loans IO mentioned in Annexure A to the Loan Facility Agreement concluded between the South African Reserve Bank and the Bank of Nfilnibia, and signed on behalf of the said Banks on 25 March 1992 and 8 May 1992, respectively, and may increase the State Debt accordingly. . (2) The Minister of Finance shall cause the date with effect from which 15 liability is assumed by the Republic of South Africa, as contemplated in subsection (1 ), to be published by notice in the Gazette."~ Short title ..

Section 52CVerify source

§ 2This Act shall be called the Exchequer Amendment Act, 1997.Short title

This section gives the Act its short title: Exchequer Amendment Act, 1997.

2. This Act shall be called the Exchequer Amendment Act, 1997.

Section 2Verify source

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