Under section 120 of the Local Government: Municipal Systems Act, 2000 (Act No. 32 of 2000), I, Fholisani Sydney Mufamadi, after consultation with organised local government representing local government nationally, hereby make the regulations in the Schedule.

1. In these regulations a word or phrase to which a meaning has been assigned in the Local Government: Municipal Systems Act, 2000 (Act No. 32 of 2000), has that meaning and, unless the context otherwise indicates

"the Act" means the Local Government: Municipal Systems Act, 2000;

2. The prescribed period referred to in-

1. section 25(1) of the Act is 14 months and 23 days (i.e. by 28 February 2002);
2. section 25(3)(a) of the Act is ten months;
3. section 27(1) of the Act is eight months and 26 days (i.e. by 1 September 2001); and
4. section 28(1) of the Act is nine months and 26 days (i.e. by 1 October 2001).

3. (1) Gifts received by a councillor must be declared in terms of item 7(1) of Schedule 1 to the Act where

1. the value of a gift exceeds 8350; and
2. the value of gifts received from a single source in any calendar year exceeds 8350.

(2) A declaration of gifts received by a councillor must contain a description of such gift or gifts, as the case may be; and indicate the value and source of such gift or gifts, as the case may be.

4. These regulations are called the Local Government: Municipal Systems Regulations, 2001, and take effect on the date of publication hereof.