Intellectual Property Rights from Publicly Financed Research and
R 385
Appropriation Act, 2017 (Act No. 6 of 2017)7. Spending before commencement of Appropriation Act for 2018/19 financial year |
The spending of funds withdrawn in terms of section 29 of the Public Finance Management Act for the 2018/19 financial year before the commencement of the Appropriation Act for the 2018/19 financial year is, with necessary changes, subject to—
| (a) | any applicable conditions imposed in terms of section 4 of this Act and the applicable provisions of the Adjustments Appropriation Act for the 2017/18 financial year, as if the funds were allocated for the 2017/18 financial year; |
| (b) | the applicable provisions of the Division of Revenue Act for the 2017/18 financial year, as if the funds were allocated for the 2017/18 financial year; and |
| (c) | the applicable provisions of the Division of Revenue Act for the 2018/19 financial year, when the said Act takes effect. |
