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Schedule 1 : Equitable division of revenue raised nationally among the three spheres of government

Schedule 2 : Determination of each province's equitable share of the provincial sphere's share of revenue raised nationally (as a direct charge against the National Revenue Fund)

Schedule 3 : Determination of each municipality's equitable share of the government sphere's share of revenue raised nationally

Schedule 4

Schedule 5

Schedule 6

Schedule 7

 

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Division of Revenue Amendment Act 2024

 

Notice No. 5741

GG 51831

24 December 2024

 

To amend the Division of Revenue Act, 2024, in accordance with the Money Bills and Related Matters Act, 2009; 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;

 

WHEREAS the Division of Revenue Act, 2024 (Act No. 24 of 2024), gives effect to section 214(1) of the Constitution in respect of the 2024/25 financial year; and

 

AND WHEREAS section 12(4) of the Money Bills and Related Matters Act, 2009 (Act No. 9 of 2009), requires the Minister of Finance to table a Division of Revenue Amendment Bill with a revised fiscal framework if the adjustments budget effects changes to the Division of Revenue Act for the relevant year,

 

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

Substitution of Column A of Schedule 1, Column A of Part A of Schedule 4, Column A of Parts A and B of Schedule 5 and Column A of Parts A and B of Schedule 6 to Act 24 of 2024 1.

 

(1) Column A of Schedule 1 to this Act is hereby substituted for Column A of Schedule 1 to the Division of Revenue Act, 2024 (herein referred to as the principal Act), setting out the equitable division of revenue raised nationally among the national, provincial and local spheres of government for the 2024/25 financial year.

 

(2) Column A of Part A of Schedule 4 to this Act is hereby substituted for Column A of Part A of Schedule 4 to the principal Act, specifying the allocations to provinces to supplement the funding of programmes or functions funded from provincial budgets for the 2024/25 financial year.

 

(3) Column A of Part A of Schedule 5 to this Act is hereby substituted for Column A of Part A of Schedule 5 to the principal Act, specifying the specific-purpose allocations to provinces for the 2024/25 financial year.

 

(4) Column A of Part B of Schedule 5 to this Act is hereby substituted for Column A of Part B of Schedule 5 to the principal Act, specifying the specific-purpose allocations to municipalities for the 2024/25 financial year.

 

(5) Column A of Part A of Schedule 6 to this Act is hereby substituted for Column A of Part A of Schedule 6 to the principal Act, specifying the allocations-in-kind to provinces for designated special programmes for the 2024/25 financial year.

 

(6) Column A of Part B of Schedule 6 to this Act is hereby substituted for Column A of Part B of Schedule 6 to the principal Act, specifying the allocations-in-kind to municipalities for designated special programmes for the 2024/25 financial year.