Division of Revenue Act, 2015 (Act No. 1 of 2015)Chapter 2 : Equitable Share Allocations3. Equitable division of revenue raised nationally among spheres of government |
| (1) | Revenue raised nationally in respect of the 2015/16 financial year must be divided among the national, provincial and local spheres of government as set out in Column A of Schedule 1. |
| (2) | An envisaged division of revenue anticipated to be raised in respect of the 2016/17 financial year and the 2017/18 financial year, and which is subject to the provisions of the annual Division of Revenue Acts for those financial years, is set out in Column B of Schedule 1. |