Division of Revenue Amendment Act | Act 48 of 2024 — South Africa law | Esheria

Division of Revenue Amendment Act

This section replaces specified schedule columns to set allocations for municipalities and provinces for the 2024/25 financial year.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 48 of 2024
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
budget allocation budget allocations conditional allocations conditional grants government allocations government funding government grants intergovernmental grants intergovernmental revenue intergovernmental transfers municipal funding municipal grants municipal infrastructure funding provincial allocations provincial funding public finance revenue allocation

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Statute overview

About this statute

This section replaces specified schedule columns to set allocations for municipalities and provinces for the 2024/25 financial year. This section gives the Act its short title: the Division of Revenue Amendment Act, 2024. This section says the Act is called the Revenue Sharing Amendment Act, 2024. This provision is a Schedule heading about the equitable division of nationally raised revenue among the national, provincial, and local spheres of government. The provision lists what is included in the national share, including conditional allocations, fuel levy sharing, debt-service costs, the contingency reserve, and provisional allocations.