Division of Revenue Act, 2015 (Act No. 1 of 2015)Chapter 4 : Matters relating to all Allocations26. New allocations during financial year and Schedule 7 allocations |
| (1) | If further allocations are made to provinces or municipalities, as envisaged in section 6(3), the National Treasury must, before the transfer of any funds to a province or municipality, by notice in the Gazette and as applicable— |
| (a) | amend any allocation or framework published in terms of section 16; |
| (b) | publish the allocation per municipality for any new Part B of Schedule 5 allocation or the indicative allocation per municipality for any new Part B of Schedule 6 allocation; or |
| (c) | publish a framework for any new Schedule 4, 5, 6 or 7 allocation. |
| (2) | Section 16(2) and (3) applies with the necessary changes to allocations and frameworks published in terms of subsection (1). |
(3)
| (a) | The transferring officer may, with the approval of the National Treasury, make one or more transfer of a Schedule 7 allocation to a province or municipality for a disaster declared by notice in the provincial gazette in terms of section 41 or 55 of the Disaster Management Act, 2002 (Act No. 57 of 2002), within 100 days after the date of that notice. |
| (b) | The transferring officer must notify the relevant provincial treasury and the National Treasury within 14 days of a transfer of a Schedule 7 allocation to a province or municipality. |
| (c) | The National Treasury must, within 21 days after the end of the 100 day period referred to in paragraph (a), by notice in the Gazette publish any transfer of a Schedule 7 allocation made for a disaster. |
| (d) | A Schedule 7 allocation transferred to a province or municipality must be appropriated either in the provincial adjustments appropriation legislation, municipal adjustments budgets or other appropriation legislation. |