SUBMISSIONTOTHESTANDINGCOMMITTEEONFINANCE inrespectof GENERALLAWS(ANTI-MONEYLAUNDERINGANDCOMBATING TERRORISMFINANCING)AMENDMENTBILL

20.500.12592/h53xg9

SUBMISSIONTOTHESTANDINGCOMMITTEEONFINANCE inrespectof GENERALLAWS(ANTI-MONEYLAUNDERINGANDCOMBATING TERRORISMFINANCING)AMENDMENTBILL

25 Oct 2022

In its comments on the proposed Bill to amend the Nonprofit Organisations Act 71 of 1997 (“the Act”), the HSF wishes to contribute to the efficient operation of the Act, as NPOs perform a vital role in the social and political arena in South Africa. [...] The HSF is aware of the comments made by the National Treasury at the briefing to the Committee held on 18 October 2022. [...] The Bill proposes to amend section 12 of the Act by making it compulsory for all NPOs (both domestic and foreign) operating within South Africa to register with the Director.4 In terms of the Act, the Director is ‘an employee of the national department’ responsible for welfare designated by the Minister and is head of the Directorate for NPOs (“Directorate”). [...] In the third part of this submission, the HSF contends that even if the Department were to remain the regulatory body of registered NPOs, despite it being contrary to international standards, the problem the amendment seeks to resolve will remain. [...] The HSF notes the response provided during the Committee Briefing that problems of capacity within the Department to implement the suggested registration amendment will be addressed through the budget process.
Pages
12
Published in
South Africa