Division of Revenue Act, 2024 (Act No. 24 of 2024)Chapter 2 : Equitable Share Allocations3. Equitable division of revenue raised nationally among spheres of government |
| (1) | Revenue raised nationally in respect of the 2024/25 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 2025/26 financial year and the 2026/27 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. |