Division of Revenue Amendment Act | Act 10 of 2020 — South Africa law | Esheria

Division of Revenue Amendment Act

The national department responsible for local government must transfer a municipality’s equitable share to the municipality’s primary bank account on the stated dates.

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Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 10 of 2020
Version
Undated source snapshot
Language
en
Updated
Official source
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budget allocations government transfers intergovernmental transfers transfer dates

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Statute overview

About this statute

The national department responsible for local government must transfer a municipality’s equitable share to the municipality’s primary bank account on the stated dates. A national department must transfer a municipality’s equitable share to the municipality’s main bank account on the listed dates and in the amounts determined under section 23(2). This Act is called the Division of Revenue Amendment Act, 2020, and the National Treasury may set the transfer date or dates after consulting the department responsible for municipalities and giving notice in the Gazette. This section names the Act as the "Mthetho Wokwenza Utshintsho Ekwahlulwa-hlulweni Kwengeniso, ka-2020."