Division of Revenue Act, 2024 (Act No. 24 of 2024)Chapter 3 : Conditional Allocations to Provinces and MunicipalitiesPart 4 : Matters relating to all allocations27. Transfers before commencement of Division of Revenue Act for 2025/26 financial year |
| (1) | Despite the Division of Revenue Act for the 2025/26 financial year not having commenced on 1 April 2025, the National Treasury may determine that an amount, not exceeding 45 per cent of the total amount of each— |
| (a) | equitable share in terms of section 4(1), be transferred to the relevant province; |
| (b) | equitable share in terms of section 5(1), be transferred to the relevant municipality; and |
| (c) | 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) | An amount transferred in terms of subsection (1)(c) is, with the necessary changes, subject to the applicable framework for the 2024/25 financial year and the other requirements of this Act, as if it is an amount of an allocation for the 2024/25 financial year. |