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Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)

Chapter 4 : Municipal Budgets

15. Appropriation of funds for expenditure

 

A municipality may, except where otherwise provided in this Act, incur expenditure only—

(a) in terms of an approved budget; and
(b) within the limits of the amounts appropriated for the different votes in an approved budget.