Division of Revenue Act, 2016 (Act No. 3 of 2016)Chapter 5 : Duties and Powers of Municipalities, Provincial Treasuries and National Treasury31. Duties and powers of National Treasury |
(1) | The National Treasury must, within 14 days after this Act takes effect, submit a notice to all transferring officers containing the details of the primary bank accounts of each province and municipality. |
(2) | The National Treasury must, together with the statement envisaged in section 32(2) of the Public Finance Management Act, publish a report on actual transfers of all allocations listed in Schedules 4, 5, 6 and 7 or made in terms of section 26. |
(3) | The National Treasury may include a report on the equitable share and conditional allocations in terms of this Act in any report it publishes— |
(a) | that aggregates statements published by provincial treasuries envisaged in section 71(7) of the Municipal Finance Management Act; and |
(b) | in respect of municipal finances. |