Division of Revenue Act, 2010 (Act No. 1 of 2010)Chapter 3 : Conditional allocations to Provinces and MunicipalitiesPart 1 : Conditional allocations7. Conditional allocations to provinces |
1) | Conditional allocations to provinces in respect of the financial year from the national government’s share of revenue raised nationally are set out in Column A of the following Schedules: |
a) | Schedule 4, specifying allocations to provinces to supplement the funding of programmes or functions funded from provincial budgets; |
b) | Schedule 5, specifying specific-purpose allocations to provinces; and |
c) | Schedule 8, specifying incentives to provinces to meet targets with regards to priority government programmes. |
2) | An envisaged division of conditional allocations to provinces from the national government’s share of revenue anticipated to be raised nationally for the next financial year and the 2012/13 financial year, which is subject to the annual Division of Revenue Acts in respect of those financial years, is set out in Column B of the Schedules referred to in subsection (1). |