Short-term Insurance Act, 1998
R 385
Division of Revenue Act, 2018 (Act No. 1 of 2018)Chapter 3 : Conditional Allocations to Provinces and MunicipalitiesPart 3 : Matters relating to Schedule 4 to 7 allocations16. Publication of allocations and frameworks |
| (1) | The National Treasury must, within 14 days after this Act takes effect, publish by notice in the Gazette— |
| (a) | the conditional allocations per municipality for Part B of Schedule 5 allocations; |
| (b) | the indicative conditional allocations per province for Part A of Schedule 6 allocations and per municipality for Part B of Schedule 6 allocations; and |
| (c) | the framework for each conditional allocation in Schedules 4 to 7. |
| (2) | For purposes of correcting an error or omission in an allocation or framework published in terms of subsection (1)(a) or (c), the National Treasury must— |
| (a) | on its initiative and after consultation with the relevant transferring officer; or |
| (b) | at the written request of the relevant transferring officer, by notice in the Gazette, amend the affected allocation or framework. |
| (3) | The National Treasury may, after consultation with the relevant transferring officer and by notice in the Gazette, amend an indicative conditional allocation in Schedule 6 published in terms of subsection (1)(b). |
| (4) | Before amending a framework in terms of subsection (2), the National Treasury must submit the proposed amendment to Parliament for comment for a period of 14 days when Parliament is in session. |
| (5) | An amendment in terms of subsection (2) or (3) takes effect on the date of publication of the notice in the Gazette. |
