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Constitution of the Republic of South Africa, 1996 (Act No. 108 of 1996)

Chapter 13 – Finance

General Financial Matters

213. National Revenue Fund

 

 

1) There is a National Revenue Fund into which all money received by the national government must be paid, except money reasonably excluded by an Act of Parliament.

 

2) Money may be withdrawn from the National Revenue Fund only
a) in terms of an appropriation by an Act of Parliament; or
b) as a direct charge against the National Revenue Fund, when it is provided for in the Constitution or an Act of Parliament.

 

3) A province's equitable share of revenue raised nationally is a direct charge against the National Revenue Fund.