Public Finance Management Act, 1999 (Act No. 1 of 1999)Chapter 4 : National and Provincial Budgets30. National adjustments budgets |
(1) | The Minister may table an adjustments budget in the National Assembly as and when necessary. |
(2) | A national adjustments budget may only provide for— |
(a) | adjustments required due to significant and unforeseeable economic and financial events affecting the fiscal targets set by the annual budget; |
(b) | unforeseeable and unavoidable expenditure recommended by the national executive or any committee of Cabinet members to whom this task has been assigned; |
(c) | any expenditure in terms of section 16; |
(d) | money to be appropriated for expenditure already announced by the Minister during the tabling of the annual budget; |
(e) | the shifting of funds between and within votes or to follow the transfer of functions in terms of section 42; |
(f) | the utilisation of savings under a main division of a vote for the defrayment of excess expenditure under another main division of the same vote in terms of section 43; and |
(g) | the roll-over of unspent funds from the preceding financial year. |