The Chairperson of the Finance Portfolio Committee, Hon. Joe Mpisi, invites stakeholders and interested parties to make written submissions on the 2020 Division of Revenue Bill that was tabled by the Minister of Finance on 26 February 2020.
The Money Bills Amendment Procedure and Related Matters Act, Act No 9 of 2009 (obtainable from: Polity) requires Parliament to conduct public hearings and to report on the Division of Revenue Bill. The object of the Bill is to provide for the equitable division of revenue raised nationally among the national, provincial and local spheres of government for the 2020/21 financial year; the determination of each province’s equitable share; allocations to provinces, local government and municipalities from national government’s equitable share; the responsibilities of all three spheres pursuant to such division and allocations; and to provide for matters connected therewith.
The closing date to make written submissions is Friday, 08 May 2020, at 16H00. Correspondence should be
emailed to Mr. John Ntsane, Senior Committee Coordinator at jntsane@ gpl.gov.za or sent by WhatsApp voice note to 060 533 2096.