Division of Revenue Act, 2018 (Act No. 1 of 2018)

Chapter 2 : Equitable Share Allocations

3. Equitable division of revenue raised nationally among spheres of government
Purchase cart Previous page Return to chapter overview Next page

 

(1) Revenue raised nationally in respect of the 2018/19 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 2019/20 financial year and the 2020/21 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.