Notice No. 125

15 February 2011

The National Treasury

I, Pravin J Gordhan, Minister of Finance, acting in terms of the Division of Revenue Act, 2010 (Act No.1 of 2010) as amended, hereby publish in the attached Schedule -

For ease of reference only and where applicable, the attached Schedule reflects the allocations published in the 2010 Division of Revenue Act (Act No 1 of 2010), as amended, as Column A, stopping of allocations and re-allocations in Column B and the total adjusted allocations in Column C.

This Government Notice is set out as follows:

Part 1: Conditional allocations;

Part 2: Explanatory memorandum relating thereto.

Pravin J Gordhan

Minister of Finance

Part 1: Conditional allocations

Schedule 5 can be found in Government Gazette No. 34027 dated 15 February 2011.

Part 2: Explanatory Memorandum to the Provincial Allocations set out in Schedule 5

This Gazette is published in terms of the 2010 Division of Revenue Act (Act No.1 of 2010), as amended by the Division of Revenue Amendment Act (Act No. 15 of 2010), and provides information on additional allocations and adjustments to existing allocations to provinces in the 2010/11 financial year.

This is necessitated by the need to stop the flow of funds in terms of section 17 of the 2010 Division of Revenue Act (Act No.1 of 2010), as amended, and the need to re-allocate funds to provinces, as approved in terms of section 18 of the 2010 Division of Revenue Act (Act No.1 of 2010), as amended.

This Gazette therefore updates information that was published in the 2010 Division of Revenue Amendment Act (Act No. 15 of 2010) in Government Gazette No. 33830 of 2 December 2010.

This notice affects the Human Settlements Development Grant: