Division of Revenue Act, 2019 (Act No. 16 of 2019)Chapter 4 : Matters Relating to All Allocations28. Transfers before commencement of Division of Revenue Act for 2020/21 financial year |
(1)
| (a) | Despite the Division of Revenue Act for the 2020/21 financial year not having commenced on 1 April 2020, the National Treasury may determine that an amount not exceeding 45 per cent of the total amount of each equitable share in terms of section 4(1), be transferred to the relevant province. |
| (b) | Despite the Division of Revenue Act and the Appropriation Act for the 2020/21 financial year not having commenced on 1 April 2020, the National Treasury may determine that an amount not exceeding 45 per cent of the total amount of— |
| (i) | each equitable share in terms of section 5(1), be transferred to the relevant municipality; |
| (ii) | each allocation made in terms of section 7(1) or 8(1), as the case may be, be transferred to the relevant province or municipality. |
| (2) | If an amount of an allocation, made in terms of section 7(1) or 8(1), is transferred in terms of subsection (1), the amount is, with the necessary changes, subject to the applicable framework for the 2019/20 financial year and the other requirements of this Act, as if it is an amount of an allocation for the 2019/20 financial year. |