Parliament Calls for Submissions on Second Special Appropriation and General Finance Bills

Posted 16 September 2026 Written by Acts Online
Category Parliament

Brought to you by SA Legal Academy: Parliament’s Standing Committee on Finance and the Standing Committee on Appropriations have issued notices calling for written public submissions on two financial measures, including the Second Special Appropriation (2025/26 Financial Year) Bill.

Under the Central Energy Fund Act, No. 38 of 1977, the Equalisation Fund was established to finance measures aimed at stabilising retail liquid fuel prices and managing liquid fuel pricing pressures. The Second Special Appropriation (2025/26 Financial Year) Bill provides statutory authority for the allocation of an additional R10 billion to the Department of Mineral and Petroleum Resources for the 2025/26 financial year, specifically to restore budgetary liquidity to the Equalisation Fund.

Parliamentary committees have concurrently opened the submission process for the General Finance legislative proposals, providing a formal consultation channel for stakeholders and fiscal practitioners prior to committee hearings and clause-by-clause deliberations.

  • Second Special Appropriation (2025/26 Financial Year) Bill: Authorises an extraordinary transfer of R10 billion from the National Revenue Fund to the Department of Mineral and Petroleum Resources.
  • Statutory objective: Replenishes the Equalisation Fund pursuant to the Central Energy Fund Act, No. 38 of 1977 to buffer consumer energy costs.
  • Process: Written representations must be lodged directly with the National Assembly’s respective finance and appropriations committee secretariats.

What this means for you, your business, or your clients

  • For yourself: No direct individual filing obligation; public participation affords legal practitioners and economists an opportunity to submit formal comments on fiscal allocations.
  • For your business: Commercial entities operating in logistics, transport, and energy distribution should track the progression of the Bill as the R10 billion intervention directly impacts the Equalisation Fund levy structures and commercial fuel price trajectory.
  • For your clients: Advise corporate clients with high petroleum input costs to incorporate anticipated state price-stabilisation mechanisms into medium-term 2025/26 cash flow and expenditure forecasts.

Originally published at https://legalacademy.co.za/news/read/parliament-special-appropriation-general-finance-bills-open-for-submissions

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