Page 88 - SAMRC Annual Performance Plan 2026-27

ANNEXURES
continued

Annexure B – SAMRC’s Materiality and Significance Framework 2026/27

The proposed Materiality and Significance Framework for the SAMRC, in terms of the Treasury Regulation
28.3.1 and the National Treasury Practice Note on Applications under of Section 54 of the Public Finance
Management Act (PFMA), is as follows –

Section 50: Fiduciary duties of accounting authorities:
1) The accounting authority for a public entity must –

PFMA SECTION QUANTITATIVE [AMOUNT] QUALITATIVE [NATURE]
(c) On request, disclose to the Disclose all material facts. The Board will disclose to the National
executive authority responsible Department of Health all material facts
for that public entity or the as requested and all material facts not
legislature to which the public requested, including those reasonably
entity is accountable, all material discoverable, which in any way may
facts, including those reasonably influence the decisions or action of
discoverable, which in any way the National Department of Health, at
may influence the decisions or the discretion of the Board.
action of the executive authority or
that legislature

Section 51: General responsibilities of accounting authorities:
1) An accounting authority for a public entity –

PFMA SECTION QUANTITATIVE [AMOUNT] QUALITATIVE [NATURE]
(g) Must promptly inform the Disclose all material facts timeously. Full particulars to be disclosed to the
National Treasury on any new Minister of Health for approval after
entity which that public entity which it is to be presented to Treasury.
intends to establish or in the
establishment of which it takes the
initiative, and allow the National
Treasury a reasonable time to
submit its decision prior to formal
establishment; and

86 SAMRC ANNUAL PERFORMANCE PLAN 2026/27