Finance Act | Act 19 of 2015 — South Africa law | Esheria

Finance Act

This excerpt says that terms defined in the Public Finance Management Act keep that same meaning here unless context indicates otherwise, and it authorises specified unauthorised expenditure amounts in Schedules 1 and 2.

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

Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 19 of 2015
Version
Undated source snapshot
Language
en
Updated
Official source
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appropriation budget approvals budget expenditure expenditure government finance public finance unauthorised expenditure

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Statute overview

About this statute

This excerpt says that terms defined in the Public Finance Management Act keep that same meaning here unless context indicates otherwise, and it authorises specified unauthorised expenditure amounts in Schedules 1 and 2. This section says the Act does not limit any power or duty to take steps to recover unauthorised expenditure from a responsible official or former official. This section says the Act is called the Finance Act, 2015. This section defines PFMA terms by reference and authorizes specified unauthorised expenditure amounts in Schedules 1 and 2. This provision says the law does not reduce or limit powers to take appropriate steps to recover unauthorized expenditure from the relevant officer, including a former officer.