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Adjustments Appropriation Act, 2017 (Act No. 12 of 2017)

5. Use of unspent funds

 

(1) Despite section 3 of this Act, section 3 of the Appropriation Act, 2017, and section 43 of the Public Finance Management Act, 1999, only the Minister may, for purposes of service delivery, approve that unspent funds in an amount appropriated in the Schedule to the Appropriation Act, 2017, or the Schedule to this Act, be used for compensation of employees within the same vote.

 

(2) Despite section 3 of this Act and section 43 of the Public Finance Management Act, 1999, the Minister may, for purposes of service delivery, approve that unspent funds in an amount appropriated in the Schedule to this Act for—
(a) compensation of employees, be used within the same vote for transfers and subsidies for the payment of severance or exit packages;
(b) transfer and subsidies to other institutions, be used—
(i) for compensation of employees in terms of subsection (1); or
(ii) elsewhere within the same main division; or
(c) payments for capital assets, be used—
(i) for compensation of employees in terms of subsection (1); or
(ii) elsewhere within the same vote.

 

(3) The approval of the use of unspent funds in terms of subsection (1) or (2) must be disclosed in the National Treasury’s next quarterly report to the relevant Parliamentary Committees.

 

 


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