Intellectual Property Rights from Publicly Financed Research and
R 385
Appropriation Act, 2011 (Act No. 11 of 2011)2. Appropriation of money for requirements of State |
| (1) | Appropriations by Parliament of money from the National Revenue Fund for the requirements of the State in the 2011/12 financial year to votes and main divisions within a vote and for the specific listed purposes, are set out in Schedule 2. |
| (2) | The spending of appropriations contemplated in subsection (1) is subject to the provisions of this Act and the Public Finance Management Act. |
| (3) | The spending of funds withdrawn from the National Revenue Fund before this Act has been passed by Parliament, as contemplated in section 29 of the Public Finance Management Act- |
| (a) | must be done in accordance with the requirements of section 29(2) of the Public Finance Management Act; and |
| (b) | must be recorded and accounted for in accordance with the votes and main divisions within a vote set out in Schedule 2; and |
| (c) | are subject to regulations made or instructions issued by the National Treasury in terms of section 76 of the Public Finance Management Act. |
