Page 89 - SAMRC Annual Performance Plan 2026-27

Section 54: Information to be submitted by accounting authorities:
2) Before a Public Entity concludes any of the following transactions, the Accounting Authority for the Public
Entity must promptly and in writing inform the relevant Treasury of the transaction and submit relevant
particulars of the transaction to its Executive Authority for approval of the transaction:

PFMA SECTION QUANTITATIVE [AMOUNT] QUALITATIVE [NATURE]
a) Establishment of a company; Any proposed establishment of a Full particulars to be disclosed to the
legal entity. Minister of Health for approval and
National Treasury for noting
b) Participation in a significant Qualifying transactions exceeds R20
partnership, trust, unincorporated Mil (based on 1% - 2% guidance of
joint venture or similar total average SAMRC assets, as at 31
arrangement; March 2025).
This includes research collaborative
arrangements
c) Acquisition or disposal of a Greater than 20% of shareholding.
significant shareholding in a
company;
d) Acquisition or disposal of a Qualifying transactions exceeds R20 Any asset that would increase or
significant asset; Mil (based on 1% - 2% guidance of decrease the overall operational
total average SAMRC assets, as at 31 functions of the SAMRC, outside
March 2025). of the approved strategic plan and
budget.
Including Financial Leases
e) Commencement or cessation of a Any activity not covered by the Full particulars to be disclosed to
significant business activity; and mandate / core business of the the Minister of Health and Minister
SAMRC and that exceeds the R20 Mil of Finance (National Treasury) for
transaction value (based on 1% - 2% approval (simultaneous submission).
guidance of total average SAMRC
assets, as at 31 March 2025).
f) A significant change in the Qualifying transactions exceeds R20
nature or extent of its interest in Mil (based on 1% - 2% guidance of
a significant partnership, trust, total SAMRC assets, as at 31 March
unincorporated joint venture or 2025)
similar arrangement.

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