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Financial Management of Parliament Act, 2009 (Act No. 10 of 2009)

Chapter 3 : Planning and Budgeting

23. Retention of unspent funds and return of unspent funds for direct charges

 

(1) Parliament is not required to return to the National Revenue Fund any money, contemplated in section 16(2)(b)(i), appropriated for a particular financial year but not spent in that year.

 

(2) [Section 2 deleted by section 12 of Act No. 34 of 2014]

 

(3) [Section 3 deleted by section 12 of Act No. 34 of 2014]

 

(4) Parliament must surrender to the National Treasury for depositing into the National Revenue Fund funds that are a direct charge against the National Revenue Fund for any requirements related to Parliament in terms of any legislation for a particular financial year, but not spent in that year.

 

[Section 23 amended by section 12 of Act No. 34 of 2014]

 

 


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