Appropriation Act | Act 7 of 2020 — South Africa law | Esheria

Appropriation Act

This provision identifies the Appropriation Act, 2020 and states that it appropriates money from the National Revenue Fund for the State’s 2020/21 needs, with conditions for certain spending before the 2021/22 Appropriation Act starts.

Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 7 of 2020
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
act administration administration appropriation appropriation conditions budget budget administration budget controls budget execution budget expenditure budget management budgeting delegation of authority delegation of powers financial year budgeting fund allocation fund transfers government administration government finance government finance reporting government spending regulation-making regulatory compliance reporting statutory interpretation

Statute overview

About this statute

This provision identifies the Appropriation Act, 2020 and states that it appropriates money from the National Revenue Fund for the State’s 2020/21 needs, with conditions for certain spending before the 2021/22 Appropriation Act starts. This section defines certain terms and says words with assigned meanings in section 1 of the Public Finance Management Act must keep those meanings unless the context indicates otherwise. This section defines several terms used in the Act. Parliament appropriates National Revenue Fund money for the 2020/21 State budget, and spending is subject to this Act, the Public Finance Management Act, and the Division of Revenue Act. The Minister may use a Schedule amount only for its indicated purpose, may impose written conditions, may stop use if conditions are not met, and must report any stoppage in the National Treasury’s next quarterly report.

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