Division of Revenue Act, 2020 (Act No. 4 of 2020)Chapter 2 : Equitable Share Allocations3. Equitable division of revenue raised nationally among spheres of government |
| (1) | Revenue raised nationally in respect of the 2020/21 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 2021/22 financial year and the 2022/23 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. |