South Africa Act or statute

Parliament of the Republic of South Africa

Special Appropriation Act, 2018

R5 billion is appropriated for the Department of Public Enterprises to settle SAA debts, and the accounting officer must transfer it subject to conditions set by the Minister of Finance. This Act…

budget transferfinancial reportinggovernment fundinggovernment spendingtransfer of public funds

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01

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“R5 billion is appropriated for the Department of Public Enterprises to settle SAA debts, and the accounting officer must transfer it subject to conditions set by the Minister of Finance.”

R5 billion is appropriated for the Department of Public Enterprises to settle SAA debts, and the accounting officer must transfer it subject to conditions set by the Minister of Finance. This Act is called the Special Appropriation Act, 2018. This section states the short title of the Act. Gazette header for Section 4, No. 42167, dated 17 January 2019.

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No. 42167

R5 billion is appropriated for the Department of Public Enterprises to settle SAA debts, and the accounting officer must transfer it subject to conditions set by the Minister of Finance.

Section 2

No. 42167

Gazette header for Section 4, No. 42167, dated 17 January 2019.

Section 4

04

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Source record from www.parliament.gov.za · updated 17 Jan 2019

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Short title 2Provision 2
§ 2No. 42167Short title

R5 billion is appropriated for the Department of Public Enterprises to settle SAA debts, and the accounting officer must transfer it subject to conditions set by the Minister of Finance.

2 No. 42167 GOVERNMENT GAZETTE, 17 JANUARY 2019 Act No. 15 of 2018 Special Appropriation Act, 2018 (English text signed by the President) (Assented to 16 January 2019) ACT To appropriate an additional amount of money for the requirements of the Department of Public Enterprises to settle the debt obligations of the South African Airways SOC Limited (SAA); and to provide for matters connected therewith. BE IT ENACTED by the Parliament of the Republic of South Africa, as follows:— Appropriation of additional amount of money for the requirements of Public Enterprises 1. (1) An amount of R5 billion is hereby appropriated out of the National Revenue Fund for the requirements of the Department of Public Enterprises in the 2018/19 financial year in order to settle debts due by the South African Airways SOC Limited (hereinafter referred to as the SAA). (2) (a) Subject to the Public Finance Management Act, 1999 (Act No. 1 of 1999), the accounting officer of the Department of Public Enterprises must transfer to the SAA the amount, referred to in subsection (1), in the portions and on such dates as the Minister of Finance determines, taking into account the financial position of the SAA as verified by the National Treasury. (b) For the purpose of promoting transparency and the effective management of the 5 10 amount referred to in subsection (1), the Minister of Finance must, in writing— 15 (i) (ii) (iii) impose conditions to be met by the SAA before any part of the amount is transferred; impose conditions to be met by the SAA after the transfer of any part of the amount; and stop the use of any part of the amount in respect of which conditions have been imposed in terms of subparagraph (ii), until such conditions are met. (c) The National Treasury must disclose the stoppage of an allocation in terms of paragraph (b)(iii) in its next quarterly report to the Standing Committee on Finance of the National Assembly and the Select Committee on Finance of the National Council of Provinces. (d) Any part of the amount referred to in subsection (1) not transferred to the SAA by 20 25 31 March 2019, reverts to the National Revenue Fund. Short title
§ 2This Act is called the Special Appropriation Act, 2018.Provision

This Act is called the Special Appropriation Act, 2018.

2. This Act is called the Special Appropriation Act, 2018. This gazette is also available free online at www.gpwonline.co.za Molao wa Tekanyetso e e Kgethegileng, 2018 No. 15 wa 2018 GOVERNMENT GAZETTE, 17 JANUARY 2019 No. 42167 3 (English text signed by the President) (Assented to 16 January 2019) MOLAO Go lekanyetsa boleng jwa madi a tlaleletso mabapi le ditlhokego tsa Lefapha la Dikgwebo tsa Setsˇhaba go duelela ditlamego tsa sekoloto sa South African Airways SOC Limited (SAA); le go tlamela mabapi le merero e e amanang le ona. O DIRWA MOLAO ke Palamente ya Rephaboliki ya Aforika borwa, jaana:— Tekanyetso ya boleng jwa madi a tlaleletso mabapi le ditlhokego tsa Dikgwebo tsa Setsˇhaba 1. (1) Madi a a kana ka R5 bilione a lekanyetswa go tswa mo Letloleng la Lotseno la Setsˇhaba mabapi le ditlhokego tsa Lefapha la Dikgwebo tsa Setsˇhaba mo ngwageng wa ditsˇhelete wa 2018/19 gore go duelelwe dikoloto tsa South African Airways SOC Limited (e fano e kaiwang jaaka SAA). (2) (a) Go latela Public Finance Management Act, 1999 (Molao 1 wa 1999), motlhankedi wa ditshupatlotlo wa Lefapha la Dikgwebo tsa Setsˇhaba o tla fetisetsa go SAA madi a a kailweng mo karolotlaleletsong (1), ka dikarolwana gape la ka matlha a a tlhomamisitsweng ke Tona ya Matlotlo, ka kelotlhoko go maemo a ditsˇhelete a SAA go ya ka moo Lefapha la Matlotlo a Bosetsˇhaba le netefaditseng ka teng. (b) Mabapi le maitlhomo a go tsweletsa ponalatshego le botsamaisi jo bo nonofileng jwa madi a a kailweng mo karolotlaleletsong (1), Tona ya Matlotlo o tshwanetse, ka go kwala— (i) go pateletsa dipeelo tse di tshwanetseng go fitlhelelwa ke SAA pele ga karolo efe ya madi e ka fetisetswa; (ii) go pateletsa dipeelo tse di tshwanetseng go fitlhelelwa ke SAA morago ga phetisetso ya karolo nngwe le nngwe ya madi; le (iii) go thibela tiriso ya karolo efe ya madi e mabapi le dipeelo tseo di pateleditsweng go ya ka temanatlaleletso (ii), go fitlhela dipeelo tseo di fitlhelelwa. (c) Lefapha la Matlotlo a Setsˇhaba le tshwanetse go senolela Komiti ya Leruri ya Matlotlo ya Kokoanong Bosetshaba le Komitikgetho ya Matlotlo ya Khansele ya Bosetsˇhaba ya Diporofense ka ga go emiswa ga tekanyetso go ya ka temana (b)(iii) mo pegelong ya yona ya kotara nngwge le nngwe. (d) Karolo nngwe ya madi a a kailweng mo karolotlaleletsong (1) a a sa fetisetswang go SAA ka di 31 Mopitlwe 2019, e busetswa kwa Letloleng la Lotseno la Bosetsˇhaba. 5 10 15 20 25 Setlhogo se se khutshwane
§ 2Molao ono o bidiwa Molao wa Tekanyetso e e Kgethegileng, 2018.Short title

This section states the short title of the Act.

2. Molao ono o bidiwa Molao wa Tekanyetso e e Kgethegileng, 2018. 30 This gazette is also available free online at www.gpwonline.co.za
§ 4No. 42167Provision

Gazette header for Section 4, No. 42167, dated 17 January 2019.

4 No. 42167 GOVERNMENT GAZETTE, 17 JANUARY 2019 This gazette is also available free online at www.gpwonline.co.zaPrinted by and obtainable from the Government Printer, Bosman Street, Private Bag X85, Pretoria, 0001Contact Centre Tel: 012-748 6200. eMail: info.egazette@gpw.gov.zaPublications: Tel: (012) 748 6053, 748 6061, 748 6065

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