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Division of Revenue Act, 2010 (Act No. 1 of 2010)

Chapter 3 : Conditional allocations to Provinces and Municipalities

Part 1 : Conditional allocations

7. Conditional allocations to provinces

 

 

1) Conditional allocations to provinces in respect of the financial year from the national government’s share of revenue raised nationally are set out in Column A of the following Schedules:
a) Schedule 4, specifying allocations to provinces to supplement the funding of programmes or functions funded from provincial budgets;
b) Schedule 5, specifying specific-purpose allocations to provinces; and
c) Schedule 8, specifying incentives to provinces to meet targets with regards to priority government programmes.

 

2) An envisaged division of conditional allocations to provinces from the national government’s share of revenue anticipated to be raised nationally for the next financial year and the 2012/13 financial year, which is subject to the annual Division of Revenue Acts in respect of those financial years, is set out in Column B of the Schedules referred to in subsection (1).