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The National Council of Provinces, at its plenary sitting this morning, passed the Division of Revenue Amendment Bill.
Among others, the Bill adjusts the equitable share among the three spheres of government, changes the specific purpose allocations to provinces and changes allocations-in-kind to provinces and municipalities for designated special programmes. The Bill is required because of the proposed national adjustment budget for 2017/2018, which affects the division of revenue between the three spheres of government.
The Minister of Finance, Mr Malusi Gigaba, tabled the Bill on 25 October when he presented the Medium Term Budget Policy Statement.
The passing of the Bill today followed consideration of the Select Committee on Appropriations’ report on the Bill.
To read the Committee’s full report of its consideration of the Bill, starting on page 3 of the Announcements, Tablings and Committee Reports parliamentary paper of 21 November 2017,
please click https://www.parliament.gov.za/storage/app/media/Docs/atc/a4be8be9-8f23-4f26-8df0-a5be8313e7d4.pdf
The National Assembly passed the Division of Revenue Amendment Bill at its plenary sitting on 14 November.
Issued by Parliament of the Republic of South Africa
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