enacted by the Constitutional Assembly of South Africa and amended by the Parliament of South Africa

“ A province may raise loans for capital or current expenditure in accordance with national legislation, but loans for current expenditure may be raised only when necessary for bridging purposes during a fiscal year. (2)
National legislation referred to in subsection (1) may be enacted only after any recommendations of the Financial and Fiscal Commission have been considered. ”

“ National legislation may determine a framework within which —
(a)
a provincial Act may in terms of subsection (2) (b) authorise the withdrawal of money as a direct charge against a Provincial Revenue Fund; and (b)
revenue allocated through a province to local government in that province in terms of subsection (3) must be paid to municipalities in the province.
[Sub-s. (4) added by s. 8 of the Constitution Seventh Amendment Act of 2001.]
National sources of provincial and local government funding
227. ”

“ The power of a municipality to impose rates on property, surcharges on fees for services provided by or on behalf of the municipality, or other taxes, levies or duties —
(a)
may not be exercised in a way that materially and unreasonably prejudices national economic policies, economic activities across municipal boundaries, or the national mobility of goods, services, capital or labour; and (b)
may be regulated by national legislation. ”