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June 

Junie 


No. 38906 


Pretoria 


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not be held responsible for the quality of j 
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2 No. 38906 


GOVERNMENT GAZETTE, 23 JUNE 2015 


No. 


CONTENTS • INHOUD 


Page Gazette 
No. No. 


GOVERNMENT NOTICE 


National Treasury 

Government Notice 

541 Local Government: Municipal Finance Management Act (56/2003): Exemption of Ekurhuleni Metropolitan 

Municipality from Regulation 45(2)(a)(x) of Asset Transfer Regulations, 2008 2 38906 


Government Notice 


NATIONAL TREASURY 


No. 541 23 June 2015 


LOCAL GOVERNMENT: MUNICIPAL FINANCE MANAGEMENT ACT, 
2003: EXEMPTION OF EKURHULENI METROPOLITAN MUNICIPALITY 
FROM REGULATION 45(2)(a)(x) OF ASSET TRANSFER REGULATIONS, 
2008 


I, Nhlanhla M Nene, Minister of Finance, acting in terms of section 177(1)(b) 
of the Local Government: Municipal Finance Management Act, 2003 (Act No. 
56 of 2003), hereby exempt Ekurhuleni Metropolitan Municipality (herein 
called the Municipality) from compliance with regulation 45(2) (a) (x) of the 
Asset Transfer Regulations, 2008, subject to the following conditions: 

(a) the exemption applies only to the lease agreement between the 
Municipality and the Passenger Rail Agency of South Africa (herein 
called PRASA) to the extent that the regulation prevents PRASA from 
ceding or subcontracting a right to another person for the construction 
of a factory to manufacture trains as well as other associated and 
ancillary industrial uses; and 

(b) the exemption is applicable until 30 April 201 6. 



MINISTER OF FINANCE 


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