Public Financial Management II PUB2607 (PUB2607)
University of South Africa (Unisa)
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PUB2607 ASSIGNEMNT 2 SEMESTER 1 2025
PUB2607 ASSIGNMENT 02 SEMESTER 01 2025
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PUB2607 ASSIGNMENT 02 SEMESTER 01 2025 ELITE The legislative framework forms the legal and authoritative foundation for expenditure management (Dzomira, 2015). It provides authorisation to receive revenue and incur payments, clarifying roles, boundaries,
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PUB2607 ASSIGNMENT 02 SEMESTER 01 2025 ELITE 
 
The legislative framework forms the legal and authoritative foundation for expenditure management (Dzomira, 2015). It provides authorisation to receive revenue and incur payments, clarifying roles, boundaries, delegations, and prescribed procedure (Mamaile, 2018). According to the study guide, legislation precedes all actions performed by executive authorities, especially concerning the utilisation of public resources (Sibanda, Zindi & Maramura, 20...
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PUB2607 ASSIGNMENT 02 SEMESTER 01 2025 Introduction	3 1. Legislative Framework	3 Key Components of the Legislative Framework	4 Constitution of the Republic of South Africa, 1996	4 Public Finance Management Act (PFMA), No. 1 of 1999	4 National Budget (App
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PUB2607 ASSIGNMENT 02 SEMESTER 01 2025 
 
Introduction	3 
1. Legislative Framework	3 
Key Components of the Legislative Framework	4 
Constitution of the Republic of South Africa, 1996	4 
Public Finance Management Act (PFMA), No. 1 of 1999	4 
National Budget (Appropriation Act)	5 
Treasury Regulations and Practice Notes	5 
Municipal Finance Management Act (MFMA), No. 56 of 2003	5 
Division of Revenue Act (DoRA)	5 
Preferential Procurement Legislation	6 
Critical Analysis and Examples	6 
2. Proced...
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PUB2607 ASSIGNMENT 1 2025 SEMESTER 1 2025 Question 1 Which of the following is regarded as the main function of the South African Parliament? Select the correct alternative from the list below. a. Promoting accountability. b. Regulating public finances.
- Exam (elaborations) • 35 pages • 2025
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PUB2607 ASSIGNMENT 1 2025 SEMESTER 1 2025 
 
Question 1 
 
Which of the following is regarded as the main function of the South African Parliament? Select the correct alternative from the list below. 
a. Promoting accountability. 
b. Regulating public finances. 
c. Safeguarding available funds and scarce resources in the best interest of the public. 
d. Promoting transparency and equity in the resource allocation. 
 
Answer: b. Regulating public finances. 
Explanation: Contrary to what many beli...
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