Division of Revenue Act, 2017 (Act No. 3 of 2017)

Chapter 2 : Equitable Share Allocations

3. Equitable division of revenue raised nationally among spheres of government
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(1)Revenue raised nationally in respect of the 2017/18 financial year must be divided among the national, provincial and local spheres of government as set out in Column A of Schedule 1.

 

(2)The envisaged division among the national, provincial and local spheres of government of revenue anticipated to be raised nationally in respect of the 2018/19 financial year and the 2019/20 financial year, and which is subject to the Division of Revenue Acts for those financial years, is set out in Column B of Schedule 1.