THE ROLE OF JOINT STANDING COMMITTEE ON FINANCIAL

Transcript:THE ROLE OF JOINT STANDING COMMITTEE ON FINANCIAL:
THE ROLE OF JOINT STANDING COMMITTEE ON FINANCIAL MANAGEMENT OF PARLIAMENT (JSCFMP) Presented by Co-Chairpersons (JSCFMP) Date: 27 November 2019 Background Mandate Functions Key on Committee Operation Core Objectives and Committee Legislated Activities Non Statutory Duties PRESENTATION OUTLINE Introduction Establishment & Mandate Legislative Functions of the JSCFMP Key Committee Operation Core Objectives of Parliament and Committee Activities Statutory Duties of the Committee Prescribed by Financial Management of Parliament and Provincial Legislatures Act of 2009 as Amended 1 Introduction The Joint Standing Committee on Financial Management of Parliament (JSCFMP) oversight function is one of the cornerstones of democracy and indicator of good governance in the Parliament of the Republic of South Africa. The Committee exercises its oversight prerogative depending upon the existence of legal framework that guarantees its powers and independence within the political system. The JSCFMP performs its oversight function over Parliament focusing on political, administrative, financial, ethical, legal and strategic elements. The Committee through its oversight role detects and prevents abuse, illegal and unconstitutional conduct by the executive authority and the accounting officer of Parliament. 2 UNIQUE FEATURES OF THE JSCFMP The JSCFMP is established in terms of section 4 of the Financial Management of Parliament and Provincial Legislatures Act No. 10 of 2009. The JSCFMP consists of the Members, from the National Assembly (NA) and the National Council of Provinces (NCOP). The number of Committee membership is determined by the Joint Rules Committee. The Committee consists of 14 Members which are proportionally determined: 9 from the NA and 5 from the NCOP in which all parties are represented. It is chaired by the co-chairpersons, one from each House (NA and NCOP). The mandate of the JSCFMP is to maintain oversight of the financial management of Parliament considering instructions issued by the Executive Authority and consider the annual report tabled and referred by the Speaker to the Committee. The JSCFMP is also responsible for performing any other function specified in the FMPPLA or by the rules of Parliament, or consistent with the object of the Act. 3 Key Committee Operation JSCFMP maintains oversight over the financial management of Parliament other than policy matters. The FMPLA provides for the functions of the JSCFMP and the general powers provided by the Joint Rule 32 of Parliament. The joint seating of the NA and NCOP may, by resolution assign any other function, task or duty to the JSCFMP within its area of