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Division of Revenue Act, 2018 (Act No. 1 of 2018)

Chapter 3 : Conditional Allocations to Provinces and Municipalities

Part 4 : Matters relating to all Allocations

28. Transfers before commencement of Division of Revenue Act for 2019/20 financial year

 

(1) Despite sections 3(2), 7(2) and 8(2), if the Division of Revenue Act for the 2019/20 financial year has not commenced before or on 1 April 2019, the National Treasury may determine that an amount not exceeding 45 per cent of the total amount of each allocation made in terms of section 3(1), 7(1) or 8(1) be transferred to the relevant province or municipality as a direct charge against the National Revenue Fund.

 

(2) If an amount of an allocation, made in terms of section 7(1) or 8(1), is transferred in terms of subsection (1), the amount is, with the necessary changes, subject to the applicable framework for the 2018/19 financial year and the other requirements of this Act, as if it is an amount of an allocation for the 2018/19 financial year.