Special Appropriation Act, 2021 (Act No. 11 of 2021)3. Adjustment to appropriation of money to vote of Public Enterprises |
| (1) | Adjustments to an appropriation of money from the National Revenue Fund to the vote of Public Enterprises in the 2020/21 financial year, are set out in the Schedule. |
| (2) | The Minister of Finance may, on request of the Minister of Public Enterprises, approve any portion of an amount referred to in the Schedule for a subsidiary of South African Airways SOC Ltd (SAA) for use by another subsidiary of SAA, referred to in the Schedule, to address urgent funding needs. |
| (3) | The approval of the use of funds in terms of subsection (2) must be disclosed in the National Treasury’s next quarterly report to the relevant Parliamentary Committees. |
| (4) | Despite the effective date of this Act, the appropriation for the subsidiaries and expenditure thereof, must be regarded as an appropriation and expenditure for the 2020/21 financial year. |