Limpopo
South Africa
South Africa
Northern Transvaal Exchequer Act, 1994
Act 3 of 1994
- Published in Limpopo Provincial Gazette 5 on 7 October 1994
- Assented to on 6 October 1994
- Commenced on 7 October 1994
- [This is the version of this document from 7 October 1994 and includes any amendments published up to 5 April 2024.]
1. Definitions
Chapter I
Revenue, expenditure and accounting system
2. Account of Revenue Fund
The Treasury shall make provision in its books in respect of the Revenue Fund for a Revenue Account which shall be credited with all revenue accruing to it in terms of this Act or any other law, and from which shall be defrayed all expenditure and be paid any amounts with which it is charged in terms of this Act or any other law.3. The Exchequer Account
4. Appropriations of moneys in Revenue Fund, and estimates of expenditure and revenue
5. Duration of appropriation Act, and expenditure in a financial year
6. Column 2 items
7. Authority by the responsible Member for utilization of moneys in certain circumstances
8. Power of Treasury to limit or suspend incurring of expenditure
9. Account of Paymaster-General
10. Power of the Treasury to utilize moneys in the Exchequer Account for certain purposes
11. Authority for opening of bank accounts
12. Establishment of trading and related accounts
13. System of bookkeeping and accounting
The Treasury shall, after consultation with the Auditor-General, give guidance, in such manner as it deems necessary, to accounting officers in connection with the systems of bookkeeping and accounting to be followed by them and may prescribe particular systems of bookkeeping and accounting which accounting officers shall follow.14. Accounting for Exchequer Account, and preparation of statements
15. Appropriation accounts
16. Accounting officer
17. Responsibility of accounting for State moneys and State property by a person who is not an accounting officer
Chapter II
General financial control
18. Other powers of the Treasury
19. Delegation of powers of the Treasury
20. Unauthorized expenditure
21. Recovery of losses and damges
22. Guarantees in respect of loans
23. Application of certain provisions concerning powers of responsible Member, and delegation of his or her powers
24. Regulations
25. Instructions
26. Revenue Instructions
An officer designated as principal provincial receiver of Revenue may, from time to time, and shall whenever required by the Treasury to do so, issue to all persons who are responsible for the collection, control and disposal of any revenue in respect of which he or she is the principal provincial receiver, or of such other revenues as the Treasury may determine, such instructions (entitled Revenue Instructions) as the Treasury may approve, or require him or her to issue in regard to such collection, control and disposal.Chapter III
Short title
27. Short title
This Act shall be called the Northern Transvaal Exchequer Act, 1994.History of this document
07 October 1994 this version
06 October 1994
Assented to