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Division of Revenue Act, 2010 (Act No. 1 of 2010)

 

 

Notice No. 264

31 March 2010

 

(English text signed by the President)

(Assented to 31 March 2010)

 

It is hereby notified that the President has assented to the following Act, which is hereby published for general information:–

 

To provide for the equitable division of revenue raised nationally among the national, provincial and local spheres of government for the 2010/11 financial year and the responsibilities of all three spheres pursuant to such division; and to provide for matters connected therewith.

 

 

 

PREAMBLE

 

 

WHEREAS section 214(1) of the Constitution of the Republic of South Africa, 1996, requires an Act of Parliament to provide for—

a) the equitable division of revenue raised nationally among the national, provincial and local spheres of government;
b) the determination of each province’s equitable share of the provincial share of that revenue; and
c) any other allocations to provinces, local government or municipalities from the national government’s share of that revenue, and any conditions on which those allocations may be made,

 

BE IT THEREFORE ENACTED by the Parliament of the Republic of South Africa, as follows:—