Cabinet approved that the revised Preferential Procurement Regulations, after legal refinement, be promulgated in terms of section 5(1) of the Preferential Procurement Policy Framework Act (PPPFA) as soon as possible and on a date to be determined by the Minister of Finance. The contents of the revised regulations will be discussed with the Parliamentary Standing Committee on Finance and Appropriations as well as the National Economic, Development and Labour Council (NEDLAC).