New Development Bank Special Appropriation Act

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Jurisdiction: South Africa
Instrument: Act or statute
Citation: Act 20 of 2015
Version: Undated source snapshot
Language: en
Updated: 15 Dec 2015
Official source: View official record ↗

budget administration government spending

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This section appropriates an amount equivalent to US$150 million for the 2015/16 financial year to make the first capital payment to the New Development Bank, and gives the Minister of Finance power to impose conditions or suspend the appropriation. This provision states the name of the Act: the Special Appropriation of the New Development Bank Act, 2015.

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This Act is called the New Development Bank Special Appropriation Act, 2015.
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AI-assisted research summary: This section appropriates an amount equivalent to US$150 million for the 2015/16 financial year to make the first capital payment to the New Development Bank, and gives the Minister of Finance power to impose conditions or suspend the appropriation.

2. This Act is called the New Development Bank Special Appropriation Act, 2015. No. 39513GOVERNMENT GAZETTE, 15 December 2015Act No. 20 of 2015New Development Bank Special Appropriation Act, 2015 3 (English text signed by the President) (Assented to 13 December 2015) MOLAO Ho aba tjhelete e eketsehileng bakeng la ditlhoko tsa Letlotlo la Naha ho ka lefella khaphithale ho Banka e Ntjha ya Ntshetsopele; le ho nehelana bakeng la dintlha tse amanang le tse mona. HA E SE E NTSWE MOLAO ke Palamente ya Rephabliki ya Afrika Borwa, ka ho latela:— Ho aba tjhelete e eketsehileng bakeng la ditlhoko tsa Letlotlo la Naha 1. (1) Ho ipapisitswe le tefello ho Letlole la Letlotlo la Naha le hlokahalang ho tswa thekisong ya thepa ya mmuso selemong sa ditjhelete sa 2015/16, palo ka di ranta e lekanang le dimilione tse 150 tsa di dolara tsa dinaha tse kopaneng ka sekgahla se sebetsang sa kgwebisano ka nako ya tefello, e abuwe ho tswa Letloleng la Letlotlo la Naha bakeng la ditlhoko tsa Letlotlo la Naha selemong sa ditjhelete sa 2015/16 ho ka lefella khaphithale lekgetlo la pele ho Banka e Ntjha ya Ntshetsopele mahareng a Brazil, Russia, India, China le Afrika Borwa. (2) Ho ipapisitswe le Public Finance Management Act, 1999 (Act No. 1 of 1999), ya nang le maikarabelo ho Letlotlo la Naha o tshwanetse ho etsa tefello e hlaloswang karolwaneng (1) ho latela tumellano ya Banka e Ntjha ya Ntshetsopele mahareng a mmuso wa Brazil, Russia, India, China le Afrika Borwa. (3) Ka ho ngola, Letona la Ditjhelete le ka— (a) kenya tshebetsong dipehelo ho kabo e le ho ka phahamisa le ho qobella ponaletso le taolo e lokileng ya matlole; le (b) ho emisa tshebediso ya kabo, e bang maemo a kentswe tshebetsong ho latela temana (a) a ﬁhlellwa. (4) Ho emiswa ha kabo ho latela karolwana (3)(b) ho tshwanetse ho phatlalatswa tlalehong ya kotara e latelang ya Letlotlo la Naha ho Dikomiti tse amehang tsa Palamente. Sehlooho se sekgutshwane
2
Molao o bitswa Molao wa Kabo e Ikgethileng ya Banka e Ntjha ya Ntshetsopele,
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AI-assisted research summary: This provision states the name of the Act: the Special Appropriation of the New Development Bank Act, 2015.

2. Molao o bitswa Molao wa Kabo e Ikgethileng ya Banka e Ntjha ya Ntshetsopele, 2015. 5 10 15 20 25 No. 39513GOVERNMENT GAZETTE, 15 December 2015No 20 ya 2015Molao wa Kabo e Ikgethileng ya Banka e Ntjha ya Ntshetsopele, 2015

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New Development Bank Special Appropriation Act

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