General Notice No. 51 of 2021

National Assembly » Notice of introduction in National Assembly of Division of Revenue bill for 2021/22...

Title	National Assembly » Notice of introduction in National Assembly of Division of Revenue bill for 2021/22 Financial year and Publication of Explanatory Summary of bill
Department	National Treasury
Gazette	National Gazettes, No. 44173 of 05 February, 2021, 1 page(s), 38.1Kb

STAATSKOERANT, 5 FEbRuARIE 2021                     No. 44173    137
                                                  GENERAL NOTICE
                                                  NATIONAL TREASURY

NATIONAL TREASURY
                                                   NOTICE 51 OF 2021
              NOTICE OF INTRODUCTION IN NATIONAL ASSEMBLY OF DIVISION OF REVENUE BILL
            FOR 2021/22 FINANCIAL YEAR AND PUBLICATION OF EXPLANATORY SUMMARY OF BILL

In terms of rule 276(1)(b) and (c) of the Rules of the National Assembly—
            (a)    notice is hereby given of the introduction by the Minister of Finance of the Division of Revenue
                   Bill for the 2021/22 financial year (“the Bill”) in the National Assembly; and
            (b)    the following explanatory summary of the Bill is hereby published:

The Bill provides for—
                   •   the equitable division of revenue raised nationally among the national, provincial and
                       local spheres of government for the 2021/2022 financial year;
                   •   the  determination  of  each  province’s  equitable  share  of  the  provincial  share  of  that
                       revenue;
                   •   any other allocations to provinces, local government or municipalities from the national
                       government’s share of that revenue, and for any conditions on which those allocations
                       may be made; and
                   •   matters connected therewith.

A  copy  of  the  Bill  will  be  obtainable  from  the  National  Treasury’s  website  at
            http://www.treasury.gov.za  after  introduction  of  the  Bill,  and  also  by  contacting  Mr  A  Hendricks,
            Parliament, PO Box 15, Cape Town, 8000, Telephone no: 021 403 8223.

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General Notice No. 51 of 2021

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