Special Investigating Units and Special Tribunals Act, 1996
R 385
Division of Revenue Act, 2016 (Act No. 3 of 2016)Chapter 2 : Equitable Share Allocations3. Equitable division of revenue raised nationally among spheres of government |
(1) | Revenue raised nationally in respect of the 2016/17 financial year must be divided among the national, provincial and local spheres of government as set out in Column A of Schedule 1. |
(2) | The envisaged division among the national, provincial and local spheres of government of revenue anticipated to be raised nationally in respect of the 2017/18 financial year and the 2018/19 financial year, and which is subject to the Division of Revenue Acts for those financial years, is set out in Column B of Schedule 1. |