| (1) |
Despite section 3 of this Act and section 43(4) of the Public Finance Management Act, the Minister may, subject to subsection (4)(b), approve that unspent funds in an amount in the Schedule appropriated for— |
| (2) |
The sum of the unspent funds in a main division of a vote approved for use in another main division of that vote in terms of— |
| (b) |
section 43(1) of the Public Finance Management Act, |
may not exceed eight per cent of the amount appropriated under that main division.
| (3) |
The approval of the use of unspent funds in terms of subsection (1) must be disclosed in the National Treasury’s next quarterly report to the relevant Parliamentary Committees. |
| (a) |
Despite any provision in other legislation to the contrary, the amount appropriated for the compensation of employees within a vote in the Schedule to this Act, may only be increased with the approval of the Minister. |
| (b) |
The Minister may not approve the use of unspent funds in terms of subsection (1) to increase the compensation of employees. |
| (a) |
Section 43 of the Public Finance Management Act and the provisions of this Act apply with the necessary changes to the use of unspent funds in the amount appropriated under a main division within a vote to defray excess expenditure within the same main division for another classification as envisaged in the definition of ‘‘purpose’’ in section 1. |
| (b) |
The sum of the unspent funds under a classification in a main division within a vote approved for use, in terms of paragraph (a), may only exceed eight per cent of the amount appropriated for the classification with the approval of the Minister. |
Older Persons Act, 2006
