Acts Online
GT Shield

Second Adjustments Appropriation (2021/22 financial year) Act, 2022 (Act No. 6 of 2022)

2. Adjustments to appropriations of money for approved expenditure

 

(1) Adjustments to appropriations by Parliament of money from the National Revenue Fund for expenditure approved in terms of section 6 of the Appropriation Act, 2021, and section 16 of the Public Finance Management Act, in the 2021/22 financial year to votes and the main divisions within a vote, are set out in the Schedule.

 

(2) The expenditure envisaged in subsection (1) is subject to this Act, the Appropriation Act, 2021, and the Public Finance Management Act.

 

(3) Despite the effective date of this Act, the appropriation of money for expenditure in terms of—
(a) section 6 of the Appropriation Act, 2021, envisaged in subsection (1), must be regarded as an appropriation and expenditure for the 2021/22 financial year; and
(b) section 16 of the Public Finance Management Act, envisaged in subsection (1), must be regarded as an appropriation for the 2021/22 and 2022/23 financial years and the expenditure must be recorded in the financial year in which any portion of the appropriation is spent.