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Executing authority to indicate if shehe is satisfied

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executing authority) to indicate if she/he is satisfied that theemployee’s financial interests will not negatively impact on theexecution of her/his function(s).The Public ServiceCommission, as an independent oversight body has to establishwhether a declared interest conflicts or is likely to conflict withthe execution of an official duty of the employee in question.2.4In accordance with the amended Chapter 3 of the Public ServiceRegulations that became operational with effect from 1 May2001, all members of the SMS in a national department,organisational component, provincial administration andprovincial department are to disclose their financial interests.3.RESPONSIBILITY OF EXECUTING AUTHORITIESIn view of sound management, it is of vital importance for EAs toensure that all items on the forms are completed/signed.In instanceswhere possible investigation or follow up actions are necessary, it mustbe brought to the attention of the PSC or further steps be taken toaddress the matter.4.RESPONSIBILITIES OF SMS MEMBERS4.1Every designated employee shall not later than 30 April of ayear, disclose to the relevant executing authority on the formdetermined for this purpose by the Commission, particulars of allher/his registrable interests in respect of the period 1 April of theprevious year to 31 march of the year in question.4.2Any person who assumes duty as a designated employee after1 April in a year shall make such disclosure within 30 days afterassumption of duty in respect of the period of 12 monthspreceding her/his assumption of duty.4.3The form to be used in this regard is attached as Annexure Aand general information as Annexure B (no other forms may beused.An electronic copy of the form is also available on line at:.The form must be signed by the
SMS Handbook Chapter 9 Disclosure of Financial Interest 1/12/20033Executing Authority and Commissioner of Oaths/Justice of thePeace after all requested items have been completed.4.4The original completed form must be submitted to the relevantEA who on her/his turn must submit a copy thereof to the PSC.4.5Specific measures have been introduced in regulation F ofChapter 3 of the Public Service Regulations to protect theconfidentiality of information in question. Access to suchinformation is limited to certain specified functions andunauthorised disclosure of such information constitutesmisconduct.
CONFIDENTIALSMS Handbook Chapter 9 Disclosure of FinancialInterest Annexure A 1/2/2003AnnexureAFINANCIAL DISCLOSURE FORMI, the undersigned (surname and initials) _________________________________________________________(Postal address) ___________________________________________________________________________________________________________________________________________________________________(Residential address) ________________________________________________________________________(Position held) _____________________________________________________________________________(Name of Department) ______________________________________________________________________Tel ____________________________ Fax ______________________________hereby certify that the following information is complete and correct to the best of my knowledge:1.Shares and other financial interestsSee information sheet: noteNumber of shares/Extentof financial interestsNatureNominal ValueName of Company/Entity2.Directorships and partnershipsSee information sheet: noteName of corporate entity orpartnershipType of businessAmount of RemunerationCONFIDENTIAL

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