Short-term Insurance Act, 1998
R 385
Constitution of the Republic of South Africa, 1996 (Act No. 108 of 1996)Chapter 13 : FinanceProvincial and Local Financial Matters226. Provincial Revenue Funds |
| (1) | There is a Provincial Revenue Fund for each province into which all money received by the provincial government must be paid, except money reasonably excluded by an Act of Parliament. |
| (2) | Money may be withdrawn from a Provincial Revenue Fund only— |
| (a) | in terms of an appropriation by a provincial Act; or |
| (b) | as a direct charge against the Provincial Revenue Fund, when it is provided for in the Constitution or a provincial Act. |
| (3) | Revenue allocated through a province to local government in that province in terms of section 214(1), is a direct charge against that province's Revenue Fund. |
| (4) | National legislation may determine a framework within which— |
| (a) | provincial Act may in terms of subsection (2)(b) authorise the withdrawal of money as a direct charge against a Provincial Revenue Fund; and |
| (b) | revenue allocated through a province to local government in that province in terms of subsection (3) must be paid to municipalities in the province. |
