Home  »  Articles   »   2022 Appropriation Bill Sent to NCOP

Articles
2022 Appropriation Bill Sent to NCOP

June 20, 2022

Parliament

The 2022 Appropriation Bill has been passed by the national assembly (NA) and sent to the national council of provinces (NCOP) for concurrence.

The bill was tabled in parliament in February during Budget 2022.

The bill aims to:

• appropriate money from the National Revenue Fund for the requirements of the State for the 2022/23 financial year;
• prescribe conditions for the spending of funds withdrawn for the 2023/24 financial year before the commencement of the Appropriation Act for the 2023/24 financial year; and
• provide for matters incidental thereto.

The NA has also given the green light to the 2022 Second Adjustments Appropriation (2021/22 Financial Year) Bill and sent it to the NCOP for concurrence.

The bill aims to:

• effect adjustments to the appropriation of money from the National Revenue Fund for expenditure approved in the 2021/22 financial year; and
• provide for matters incidental thereto.

Adjustments focus on the South African Special Risks Insurance Association and the Covid-19 vaccine programme.

The select committee on appropriations will process both bills.