Money Bills Amendment Procedure and Related Matters Amendment Act | Act 13 of 2018 — South Africa law | Esheria

Money Bills Amendment Procedure and Related Matters Amendment Act

This section amends section 1 of the principal Act by replacing the definition of “Adjustments Appropriation Bill” and adding a definition of “advisory board”.

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Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 13 of 2018
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
amendment amendment procedure annual reporting appointments appropriation appropriation process appropriations bill processing budget budget documentation budget oversight budget policy budget procedure budget process budget reporting budget review budget statements budget/vote process budgeting committee procedure committee reporting committee review financial management financial regulation +27 more

Statute overview

About this statute

This section amends section 1 of the principal Act by replacing the definition of “Adjustments Appropriation Bill” and adding a definition of “advisory board”. This section amends several definitions in the Act, including budget and parliamentary terms like “Division of Revenue Bill,” “fiscal framework,” and “MTEF.” This section substitutes a new section 3 in the principal Act, titled “Application of this Act.” This Act applies to money Bills, division of revenue Bills, the medium term budget policy statement, the fiscal framework, amendments to those items, and related instruments brought before Parliament. This section updates the Act so the finance and appropriations committees can consider and report on specified budget, fiscal, and expenditure matters.