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Division of Revenue Act, 2023 (Act No. 5 of 2023)

Chapter 3 : Conditional Allocations to Provinces and Municipalities

Part 3 : Matters relating to Schedule 4 to 7 allocations

15. Publication of allocations and frameworks

 

(1) The National Treasury must, within 14 working days after this Act takes effect, publish by notice in the Gazette—
(a) the conditional allocations per municipality for Part B of Schedule 5 allocations;
(b) the indicative conditional allocations per province for Part A of Schedule 6 allocations and per municipality for Part B of Schedule 6 allocations; and
(c) the framework for each conditional allocation in Schedules 4 to 7.

 

(2) For purposes of correcting an error or omission in an allocation or framework published in terms of subsection (1)(a) or (c), the National Treasury must—
(a) on its initiative and after consultation with the relevant transferring officer; or
(b) at the written request of the relevant transferring officer, by notice in the Gazette, amend the affected allocation or framework.

 

(3) The National Treasury may, after consultation with the relevant transferring officer and by notice in the Gazette, amend an indicative conditional allocation in Schedule 6 published in terms of subsection (1)(b).

 

(4) Before amending a framework in terms of subsection (2), the National Treasury must submit the proposed amendment to Parliament for comment for a period of 14 days when Parliament is in session.

 

(5) An amendment of an allocation or framework in terms of subsection (2) or (3) takes effect on the date of publication of the notice in the Gazette.