Finance Act
The State Revenue Account is charged with specified amounts to cover unauthorised expenditure for certain House of Assembly financial years.
- Jurisdiction
- South Africa
- Instrument
- Act or statute
- Citation
- Act 6 of 1997
- Version
- Undated source snapshot
- Language
- en
- Updated
- Official source
- View official record ↗
Statute overview
About this statute
The State Revenue Account is charged with specified amounts to cover unauthorised expenditure for certain House of Assembly financial years. The State Revenue Account is charged with R638 344,48 to cover certain unauthorised expenditure. The provision charges the State Revenue Account with specified amounts, authorises several categories of past expenditure, and authorises conversion of a R445,000,000 State loan to South African Housing Trust, Limited into share capital. National and provincial executive authorities that received money from the fund must surrender any unexpended money at the end of each financial year. This section says the Act is called the Finance Act, 1997.
Search within this statute
Search all stored provisions in this version.
Legal text
Provisions of Finance Act
Showing 5 of 5
- 31 Verify source ↗
March 1989.
The State Revenue Account is charged with specified amounts to cover unauthorised expenditure for certain House of Assembly financial years.
31 March 1989. (2) The expenditure referred to in subsection (1) is set forth in Schedule 2 and is more fully described in paragraph 1 (3) on page 4 of the Report of the Auditor-General on the Appropriation and Miscellaneous Accounts in respect of the Administration: House of Assembly for 1992-93[RP159-94], which has been submitted to Parliament, and in the Seventh Report of the Joint Standing Committee on Public Accounts, 1995. 5 IO Defraying ofunauthorised expenditure from State Revenue Account for 1989-90 financial year . 9. (1) The State Revenue Account is hereby charged with the amount ofR360 424,13 to defray certain expenditure over and above the amounts appropriated for the service of 15 the former Administration: House of Assembly for the financial year which ended on 31March1990. . (2) The expenditure referred to in subsection (1) is set forth in Schedule 2 and is more fully described in paragraph 1(2) on page 4 of the Report of the Auditor-General on the Appropriation and Miscellaneous Accounts in respect of the Administration: House of 20 Assembly for 1992-93 [RP 159~94] and in paragraph 1(1) on page 7 of the Report of the Auditor-General on the Appropriation and Miscellaneous Accounts in respect of the Administration: House of Assembly for 1993-94 [RP 132-95], which have been submitted to Parliament, and in the Seventh Report of the Joint Standing Committee on Public Accounts, 1995. 25 . Defraying of Unauthorised expenditure from State Revenue Account for 1990-91 financial year · 10. (1) The State Revenue Account is hereby charged with the amount of R2 458,09 to defray certain expenditure over and above the amounts appropriated for the service of the former Administration: House of Assembly for the financial year which ended on 30 - 31 Verify source ↗
March 1991.
The State Revenue Account is charged with R638 344,48 to cover certain unauthorised expenditure.
31 March 1991. · (2) The expenditure referred to in subsection (1) is set forth in Schedule 2 and is inore fully described in paragraph 1(1) on page 7 of the Report of the Auditor-General on the · Appropriation and Miscellaneous Accounts in respect of the Administration: House of Assembly for 1993-94 [RP 132-95], which has been submitted to Parliament, arid in the 35 Seventh Report of the Joint Standing Committee on Public Accounts, 1995. Defraying of unauthorised expenditure from State Revenue Account for 1992-93 financial year • 11. (1) The State Revenue Account is hereby charged with the amount ofR638 344,48 to defray certain expenditure over and above the amounts appropriated for the service of 40 the former Administration: House of Assembly for the financial year which ended on - 31 Verify source ↗
March 1993.
The provision charges the State Revenue Account with specified amounts, authorises several categories of past expenditure, and authorises conversion of a R445,000,000 State loan to South African Housing Trust, Limited into share capital.
31 March 1993. (2) The expenditure referred to.in subsection (1) is set forth in Schedule 2 and is more fully described in paragraph 1(1) on page 4 of the Report of the Auditor-General on the Appropriation and Miscellaneous Accounts in respect of the Administration: House of 45 Assembly for 1992-93[RP159-94] and in paragraph 1(3) on page 8 of the Report of the Auditor-General on the Appropriation and Miscellaneous Accounts _in respect of the Administration: House of Assembly for 1993-94 [RP 132-95], which have been submitted to Parliament, and. in the Seventh Report of the Joint Standing Committee ori Public Accounts, 1995. 50 · · ' Defraying of unauthorised expenditure from State Revenue Account for 1991-92 financial year · 12. (1) The State Revenue Account is hereby charged with the amount of R53 480,08 to defray certain expenditure over and above the amounts appropriated for the service of 8 No. 17913 Act No, 6, 1997 GOVERNMENT GAZETTE, 11APRIL1997 FINANCEACT, 1997 the former Administration: House of Representatives for the financial year which ended on 31 March 1992. (2) The expenditure referred to in subsection (1) is set forth in Schedule 3 and is more fully described in paragraph 4 on pages 5 and 6 of the Report of the Auditor-General on the Appropriation and Miscellaneous Accounts in respect of the Administration: House of Representatives for 1992-93 [RP 150-94), which has been submitted to Parliament, and in the Seventh Report of the Joint Standing Committee on Public Accounts, 1995. 5 Defraying of unauthorised expenditure from State Revenue Account for 1993-94 financial year . . . . 13. (1) The State Revenue Account is hereby charged with the amount'ofR747 520,00 10 to defray certain expenditure over and above the amounts appropriated for the service of the former Administration: House of Representatives for the financial year which ended on 31 March 1994. · (2) The expenditure referred to in subsection (1) is set forth in Schedule 3 and is more fully described in paragraph 4 on pages 5 and 6 of the Report of the Auditor-General on 15 the Appropriation and Miscellaneous Accounts in respect of the Administration: House of Representatives for 1993-94 [RP 117-95), which has been subioitted to Parliament, and in the Seventh Report of the Joint Standing Committee on Public Accounts, 1995. · · · · Authorising of expenditure 14. (1) The expenditure of R662 705,00 incurred by th~ Department of Manpower, 20 and more fully described in paragraph 16(8) on page' 48 of the Report of the Auditor-General on the Appropriation· Accounts in respect of General Affairs for 1993-94[RP181-94), which has been submitted to Parliament, and in the Third Report · of the Joint Standing Committee on Public Accounts, 1995, is hereby authorised. (2) The expenditure of R4 397 921,82 incurred by the former Administration: House 25 of Delegates, and more fully described in paragraph 7 on page 5 of the Report of the Auditor-General on· the Appropriation and Miscellaneous Accounts of the Administra tion: House of Delegates for 1993-94 [RP 151-95), which has been submitted to Parliament, and in the Seventh Report of the Joint Standing Committee on Public Accounts, 1995, is hereby authorised. . 30 (3) The expenditure ofR279 653,14 incurred by the former Administration: Ho.use of Assembly, and more fully described in paragraph 1(1) on page 7 of the Report of the Auditor-General on the Appropriation and Miscellaneous Accounts of the Administra tion: House of Assembly for 1993-94 [RP 132-95), which has been submitted to Parliament, and in the Seventh Report of the Joint Standing Committee on Public 35 Accounts, 1995, is hereby authorised. . (4) The expenditure ofR4 978 233,19 incurred by the former Administration: House of Representatives, and more fully described in paragraph 4 on pages 5 and 6 of the Report of the Auditor-General on the Appropriation and Miscellaneous Accounts of the Administration: House of Representatives for 1992-93 [RP 150-94), which has been 40 submitted to Parliament, and in the Seventh Report of the Joint Standing Committee on Public Accounts, 1995, is hereby authorised . . (5) The expenditure of R66 688,72 incurred by the former Administration: House of Representatives, and more fully described in paragraph 4 on pages 5 and 6 of the Report of the Auditor-General on the Appropriation and Miscellaneous ·Accounts of the 45 Administration: House of Representatives for 1993-94 [RP 117-95), which has been submitted to Parliament, and in the Seventh Report of the Joint Standing Committee on Public Accounts, 1995, is hereby authorised._ Authorisation of conversion of certain loan's into share capital of the South African Housing Trust, Limited · · 50 15. (1) The conversion of the R445 000 000 State loan to the South African Housing Trust, Limited, into share capital of the said company, by the issue to the State of one 10 No. 17913 · Act No. 6, 1997· ·· GOVERNMENT GAZETIB, 11 APRIL 1997 FINANCE ACT. 1997 special class A ordinary share in the said company at a par value of one Rand and a premium of R444 999 999, is hereby authorised. (2) In subsection (1) the expression "the R445 000 000 State loan" means- , (a) the amount of R400 000 000 appropriated out of the.State Revenue Fund in respect of the financial year which ended on 31 March· 1987; and 5 . (b) the amount of R45 000 000 appropriated out of the State Revenue Fund in respect of the financial year which ended on 31 March 1989, . made available to the South African Housing Trust, Limited, as unsecured, long term, . interest-free loans by the State, as more fully appears from the loan agreements entered into between the Government of the Republic of South Africa and the South African Housing Trust, Limited, on 10 February 1988 and 9 October 1991. . . IO Substitution of section S of Act 7 of 1994 - 16 Verify source ↗
The following section is hereby substituted for section 5 of the Reconst:rUc.tiori and
National and provincial executive authorities that received money from the fund must surrender any unexpended money at the end of each financial year.
16. The following section is hereby substituted for section 5 of the Reconst:rUc.tiori and Development Programme Fund Act, 1994: · "Unsp.ent money S. The executive authorities at national and provincial level that had been allocated money from the fund, shall at the end of each financial year [surrender]~ unexpended money [to] into the [fund] Nation3.I Revenue Fund or the relevant Provincial Revenue Fund, as the case may be.". Short title - 17 Verify source ↗
This Act shall be called the Finance Act, 1997.
This section says the Act is called the Finance Act, 1997.
17. This Act shall be called the Finance Act, 1997. 15 20 12 No. 17913 Act No. 6, 1997 GOVERNMENT GAZETTE, 11 APRIL 1997 FINANCE ACT, 1997 Schedule 1 (State Revenue Account) (Sections 1 to 7) Vote number Title of Vote and fi~ancial year . Vote 12 Vote 12 Vote 14 Vote 9 Vote 7 Vote 6 Vote 27 Vote 13 Vote 18 Vote 19 Vote 23 Defence, 1987-88 .............................................................................. . Defence, 1988-89 ......... .' ......... '. .......................................................... . Public· Works, 1988-89 ...... : .................................................•............. Defence, 1989-90 .............................................................................. . Defence, 1990-91 .............................................................................. . Defence, 1991-92 ........................ : ....... : ............................................. . Defence, 1992-93 .....................•......................................................... Defence, 1993-94 ..................... : ....................................... : ..... : .......... . Agriculture, 1993-94 ............................................................. : .......... :. National Health and Population Development, 1993-94 ................. . Environmental Affairs, 1993-94 ............................................... '. ....... . Schedule 2 .. (Revenue Account: House of Assembly) . . . . ' (Sections 8 to 11) Vote number Title of Vote and financial year Vote 8 Vote3 Vote7 Vote3 Vote4 Vote 8 Health Services, 1988-89 .................................................................. . Education and Culture, 1989-90 ....................................................... . Welfare, 1989-90 ................................................•.............................. Education and Culture, 1990-91 ....................................................... . Local Government, Housing and Works, 1992-93 ............................ . Health ServiceS. 1992-93 .................................................................. . Schedule3 (Revenue Account: House of Representatives) (Sections 12 and 13) Vote number Title of Vote and financial vear Vote 1 Vote 3 Education and Culture, 1991-92 ....................................................... . Health Services and Welfare, 1993-94 ............................................. . Amount R 27 633,33 116 469,49 100 000,00 . 22 489,02 103 063,98 73 210,04 70 307,68 98 809,25 126 250,99 48 758,66 477 158,40 I 264 150,84 Amount R 13 636,50 163 468,13 196 956,00 2 458,09 604 544,92 33 799,56 I 014 863.20 Amount R 53 480,08 747 520,00 801 000,08
Provision text is displayed from LexChat’s stored statute record. Use the official source links to verify amendments, commencement, and current legal force.
Ask AI about this statute
Finance Act
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign inLexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.