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Public Finance Management Act, 1999 (Act No. 1 of 1999)

Chapter 4 : National and Provincial Budgets

30. National adjustments budgets

 

(1) The Minister may table an adjustments budget in the National Assembly as and when necessary.

 

(2) A national adjustments budget may only provide for—
(a) adjustments required due to significant and unforeseeable economic and financial events affecting the fiscal targets set by the annual budget;
(b) unforeseeable and unavoidable expenditure recommended by the national executive or any committee of Cabinet members to whom this task has been assigned;
(c) any expenditure in terms of section 16;
(d) money to be appropriated for expenditure already announced by the Minister during the tabling of the annual budget;
(e) the shifting of funds between and within votes or to follow the transfer of functions in terms of section 42;
(f) the utilisation of savings under a main division of a vote for the defrayment of excess expenditure under another main division of the same vote in terms of section 43; and
(g) the roll-over of unspent funds from the preceding financial year.