Electricity Regulation Act, 2006
R 385.00
Adjustments Appropriation Act, 2024 (Act No. 49 of 2024)2. Adjustments to appropriations of money for approved expenditure |
| (1) | Adjustments to appropriations by Parliament of money from the National Revenue Fund for the requirements of the State in the 2024/25 financial year to votes and the main divisions within a vote, and amendments to the purposes that are specified, are set out in Schedule 1 to this Act. |
| (2) | The spending of appropriations envisaged in subsection (1) is subject to this Act, the Appropriation Act, 2024, the Public Finance Management Act and the Division of Revenue Act, 2024 (Act No. 24 of 2024). |
| (3) |
| (a) | For a government component within a vote, each segment of its transfer and subsidy in Schedule 1 to this Act is set out in Schedule 2 to this Act. |
| (b) | Each segment set out in Schedule 2 to this Act and referred to in paragraph (a) is regarded as a main division of a vote for purposes of this Act and the Public Finance Management Act. |
| (4) | An amount set out in Schedule 2 to this Act must be spent according to the purpose specified in that Schedule. |
| (5) | If a government component referred to in subsection (3)(a)— |
| (a) | overspends the total amount of the transfer and subsidy it receives or the total amount for a segment regarded as a main division; or |
| (b) | spends an amount not in accordance with its purpose, it constitutes unauthorised expenditure in terms of the Public Finance Management Act. |
| (6) | The head of the government component that receives the transfer and subsidy is accountable for any unauthorised expenditure referred to in subsection (5). |
