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Appropriation Act, 2015 (Act No. 8 of 2015)

1. Definitions

 

In this Act, unless the context indicates otherwise, any meaning ascribed to a word or expression in section 1 of the Public Finance Management Act, must bear the meaning so ascribed, and—

 

"allocation-in-kind"

means an allocation that is listed as an allocation-in-kind in the Division of Revenue Act for the 2015/16 financial year for spending by a national department on behalf of a province, local government or a municipality;

 

"conditional allocation"

means a conditional allocation to provinces, local government or municipalities from the national government’s share of revenue raised nationally, which are provided for and whose purpose is specified in the Division of Revenue Act for the 2015/16 financial year envisaged in section 214(1)(c) of the Constitution of the Republic of South Africa, 1996;

 

"current payments"

means any payment made by a department classified as or deemed to be a current payment in terms of the instructions issued in the Guidelines for Implementing the Economic Reporting Format (September 2009), in terms of section 76 of the Public Finance Management Act;

 

"payments for capital assets"

means any payment made by a department classified as or deemed to be a payment for capital assets in terms of the instructions issued in the Guidelines for Implementing the Economic Reporting Format (September 2009) and the Asset Management Framework (April 2004, Version 3.3), in terms of section 76 of the Public Finance Management Act;

 

"payments for financial assets"

means any payment made by a department classified as or deemed to be a payment for financial assets in terms of the instructions issued in the Guidelines for Implementing the Economic Reporting Format (September 2009), in terms of section 76 of the Public Finance Management Act;

 

"Public Finance Management Act"

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

 

"relevant Parliamentary Committees"

means the Standing Committee on Appropriations of the National Assembly and the Select Committee on Appropriations of the National Council of Provinces;

 

"transfers and subsidies"

means any payment made by a department classified as or deemed to be a transfer or subsidy payment in terms of the instructions issued in the Guidelines for Implementing the Economic Reporting Format (September 2009), in terms of section 76 of the Public Finance Management Act.

 

 


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