Public Finance Management Act, 1999 (Act No. 1 of 1999)Chapter 4 : National and Provincial Budgets32. Publishing of reports on state of budget |
| (1) | Within 30 days after the end of each month, the National Treasury must publish in the national Government Gazette a statement of actual revenue and expenditure with regard to the National Revenue Fund. |
| (2) | After the end of a prescribed period, but at least quarterly, every provincial treasury must submit to the National Treasury a statement of revenue and expenditure with regard to the Revenue Fund for which that treasury is responsible, for publication the national Government Gazette within 30 days after the end of each prescribed period. |
| (3) | The statement must specify the following amounts and compare those amounts in each instance with the corresponding budgeted amounts for the relevant financial year: |
| (a) | The actual revenue for the relevant period, and for the financial year up to the end of that period; |
| (b) | the actual expenditure per vote (distinguishing between capital and current expenditure) for that period, and for the financial year up to the end of that period; and |
| (c) | actual borrowings for that period, and for the financial year up to the end of that period. |
| (4) | The National Treasury may determine— |
| (a) | the format of the statement of revenue and expenditure; and |
| (b) | any other detail the statement must contain. |