enacted by the Parliament of South Africa

Summary

enacted by the Parliament of South Africa Constitution Seventh Amendment Act of 2001 (2001)

A money Bill may not deal with any other matter except—
(a)
a subordinate matter incidental to the appropriation of money; [or] (b)
the imposition, abolition or reduction of provincial taxes, levies, [or] duties or surcharges; (c)
the granting of exemption from provincial taxes, levies, duties or surcharges; or (d)
the authorisation of direct charges against a Provincial Revenue Fund.
[ (2) ] (3) A provincial Act must provide for a procedure by which the province's legislature may amend a money Bill.”.
Amendment of section 163 of Act 108 of 1996
4.
Source: Wikisource

enacted by the Parliament of South Africa Constitution Seventh Amendment Act of 2001 (2001)

Substitution of section 230 of Act 108 of 1996
10. The following section is hereby substituted for section 230 of the Constitution:
Provincial loans
230. (1) A province [or a municipality] may raise loans for capital or current expenditure in accordance with [reasonable conditions determined by] national legislation, but loans for current expenditure [—
(a) ]
may be raised only when necessary for bridging purposes during a fiscal year [and (b)
must be repaid within twelve months] .
Source: Wikisource

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