Appropriation Act | Act 8 of 2023 — South Africa law | Esheria

Appropriation Act

This section defines key terms used in the Act, including several budget-related terms and the Minister.

Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 8 of 2023
Version
Undated source snapshot
Language
en
Updated
Official source
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ICT ICT infrastructure ICT policy ICT sector development SMEs advocacy affordable housing agencies air quality animal health appropriation appropriations arts and culture arts projects assessment and review asset management aviation administration basic education basic education services biodiversity management biofuel biotechnology border movement budget +298 more

Statute overview

About this statute

This section defines key terms used in the Act, including several budget-related terms and the Minister. This provision defines several terms used in the Act, including terms for appropriations, conditional allocations, unallocated funds, current payments, and “Minister.” Parliament’s appropriations for the 2023/24 financial year are set out in the Schedule, and spending of those appropriations is subject to this Act, the Public Finance Management Act, and the Division of Revenue Act. The Minister may control how certain appropriated amounts are used, impose written conditions, stop use if conditions are not met, and approve some unspent funds to be used elsewhere within limits. The Minister may set conditions on a scheduled amount, suspend its use if conditions are not met, and may authorize use of unspent funds for specified purposes. A suspension must be reported in the next quarterly National Treasury report to the relevant parliamentary committees.

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