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ANNEXURE VANNEXURE VCASH RECEIPTS AND BANKING POLICY1.Statutory framework1.1In terms of section 7(1) of the Local Government: Municipal Finance Management Act 2003 (Act No 56 of 2003) (MFMA) the Municipality
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Obtain a copy of MFMA Circular No 80 from the relevant government department or website.
02
Read through the circular carefully to understand the required information and documentation.
03
Fill out the necessary sections of the circular using accurate and up-to-date information.
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Submit the completed circular to the appropriate authorities within the specified deadline.

Who needs mfma circular no 80?

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Local government officials who are responsible for financial management and reporting.
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Municipalities and government entities that are subject to the regulations outlined in MFMA Circular No 80.
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MFMA Circular No. 80 provides guidance on the submission of budget and financial information by municipalities.
All municipalities in South Africa are required to file MFMA Circular No. 80.
MFMA Circular No. 80 should be filled out according to the specific instructions provided in the circular.
The purpose of MFMA Circular No. 80 is to ensure transparency and accountability in the financial management of municipalities.
Information regarding the budget and financial performance of municipalities must be reported on MFMA Circular No. 80.
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