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

Chapter 3 : Conditional allocations to Provinces and Municipalities

Part 3 : General matters relating to Schedule 4, 5, 6, 7 or 8 allocations

14. Publication of allocations and frameworks

 

 

1) The National Treasury must, within 14 days of this Act taking effect, publish in the Gazette –
a) the allocations per municipality, in respect of Schedule 4 and 6 allocations;
b) the indicative allocations per municipality, in respect of Schedule 7 allocations;
c) the indicative allocations for provinces and municipalities, along with their initial threshold and performance targets, in respect of Schedule 8 allocations; and
d) the framework for each Schedule 4, 5, 6, 7 or 8 allocation.

 

2) The National Treasury must publish in the Gazette –
a) any revisions of or amendments to the frameworks published in terms of subsection (1);
b) any virement which is made in accordance with the requirements of section 6(3) of this Act and the Public Finance Management Act;
c) any revisions of or amendments to the allocations and frameworks published in terms of subsection (1) necessary to give effect to the conversion of a Schedule 6 or a Schedule 7 allocation in terms of section 19;
d) any re-allocations by the National Treasury in accordance with section 18 or the transferring national officer in respect of the Expanded Public Works Programme Incentive Grant;
e) any revised allocations in respect of Schedule 7 allocations; and
f) any revised indicative allocations, performance and threshold targets for the Expanded Public Works Programme Incentive Grant.

 

3) The National Treasury may at any time, after consultation with or at the written request of a transferring national officer, revise or amend a framework published in terms of subsection (1) or (2), to correct any error or omission.

 

4) An amendment, revision, virement or re-allocation takes effect on publication thereof in the Gazette.