Financial and Fiscal Commission Act, 1997 (Act No. 99 of 1997)

Part 2 : Membership of Commission

9. Remuneration, allowances and benefits

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(1)Members of the Commission shall be entitled to such remuneration, allowances and other benefits—
(a)as determined by the President, from time to time, by notice in the Gazette, taking into consideration the recommendations of the Independent Commission; and
(b)approved by the National Assembly in terms of subsection (5).

 

(2)The remuneration of a member shall not be reduced, nor shall the allowances and other terms and conditions of office and service benefits be adversely altered, during the term of office of the member.

 

(3)The Independent Commission shall, when investigating or considering the remuneration, allowances and other terms and conditions of office and service benefits of the members of the Commission, consult with the Minister.

 

(4)A notice in terms of subsection (1)(a) or any provision thereof may commence with effect from a date specified in the notice, which date may not be more than one year before the date of publication of the notice.

 

(5)

(a)A notice issued under subsection (1)(a) shall be submitted to the National Assembly for approval before publication thereof.
(b)The National Assembly shall, by resolution—
(i)approve the notice, whether in whole or in part; or
(ii)disapprove the notice.

 

[Section 9 substituted by section 7 of Act No. 4 of 2015]