Division of Revenue Act, 2024 (Act No. 24 of 2024)Chapter 3 : Conditional Allocations to Provinces and MunicipalitiesPart 5 : Duties and Powers of Municipalities, Provincial Treasuries and National Treasury30. Duties and powers of National Treasury |
| (1) | The National Treasury must, within 14 days after this Act takes effect, submit a notice to all transferring officers containing the details of the primary bank accounts of each province and municipality. |
| (2) | The National Treasury must, together with the statement envisaged in section 32(2) of the Public Finance Management Act, publish a report on actual transfers of all allocations listed in Schedules 4, 5, 6 and 7 or made in terms of section 25. |
| (3) | The National Treasury may include in a report on the equitable share and conditional allocations in terms of this Act, any report it publishes— |
| (a) | that aggregates statements published by provincial treasuries envisaged in section 71(7) of the Municipal Finance Management Act; and |
| (b) | in respect of municipal finances. |