Finance Act | Act 35 of 2000 — South Africa law | Esheria

Finance Act

This section authorises specified unauthorised expenditure and makes the amount a direct charge against the National Revenue Fund.

Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 35 of 2000
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
expenditure authorization government expenditure revenue fund

Statute overview

About this statute

This section authorises specified unauthorised expenditure and makes the amount a direct charge against the National Revenue Fund. The provision authorises the unauthorised expenditure of R15 118923,01 referred to in Schedule 2. This section authorises the unauthorised expenditure of R4 139465 912,82 described in Schedule 3. The revenue funds mentioned here are treated as closed, and any balance in those funds must be moved to the National Revenue Fund. This section says the Act must not be read as affecting any action to recover unauthorised expenditure.

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