| (2) | Parliament’s budget must— |
| (a) | cover the following financial year and the two financial years thereafter or other period determined by Parliament; |
| (b) | specify Parliament’s expected revenues distinguishing between— |
| (ii) | conditional and unconditional donor funds; and |
| (iii) | funds derived from Parliament’s own revenue sources; |
| (c) | specify Parliament’s proposed expenditure requirements per main division within the budget, distinguishing between the sources of funds identified in paragraph (b); |
| (d) | specify the purpose of each main division within the budget and provide explanations and other information substantiating the amounts proposed in terms of paragraphs (b) and (c); |
| (e) | specify the allocations to Members of Parliament and political parties made in terms section 34, providing details of the different purposes for which allocations are made and the amounts allocated for such purposes; |
| (f) | provide details of all transfers to other entities; and |
| (g) | [Section 16(g) deleted by section 7 of Act No. 34 of 2014] |
| (h) | be in accordance with the format prescribed under section 65, for the purpose of maintaining consistency with the format followed by other organs of state. |
[Section 16 amended by section 7 of Act No. 34 of 2014]
