National Revenue Fund

E188602

The National Revenue Fund is South Africa’s central public account into which all national government revenue is paid and from which parliamentary-approved expenditures are drawn.

All labels observed (1)

Label Occurrences
National Revenue Fund canonical 2

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf central government account ⓘ
sovereign public fund ⓘ
accountingFramework Public Finance Management Act framework ⓘ
administeredBy National Treasury (South Africa) ⓘ
linked to: National Treasury
alsoKnownAs NRF ⓘ
auditedBy Auditor-General of South Africa ⓘ
beneficiary constitutional institutions funded from the national budget ⓘ
national departments of the Government of South Africa ⓘ
public entities receiving transfers from the national budget ⓘ
cashManagement managed through the South African Reserve Bank accounts ⓘ
category Public finance of South Africa ⓘ
constitutionalProvision Section 213 of the Constitution of the Republic of South Africa, 1996 ⓘ
country South Africa ⓘ
currency South African rand ⓘ
disbursementMechanism appropriation through the national budget process ⓘ
distinctFrom municipal revenue accounts (South Africa) ⓘ
provincial revenue funds (South Africa) ⓘ
excludes money reasonably excluded by an Act of Parliament ⓘ
expenditureRequires appropriation by an Act of Parliament ⓘ
direct charge authorised by the Constitution or national legislation ⓘ
feature all money received by the national government must be paid into the fund unless excluded by law ⓘ
no money may be withdrawn from the fund except in terms of an appropriation or direct charge ⓘ
funds equitable share transfers to municipalities ⓘ
equitable share transfers to provinces ⓘ
governedBy Public Finance Management Act, 1999 (PFMA) ⓘ
legalBasis Constitution of the Republic of South Africa, 1996 ⓘ
linkedInstitution South African Reserve Bank ⓘ
linkedLaw Public Finance Management Act, 1999 (South Africa) ⓘ
managedBy Minister of Finance (South Africa) ⓘ
oversightBy Parliament of South Africa ⓘ
purpose to provide the source of funds for national government expenditure approved by Parliament ⓘ
to serve as the central account for all national government revenue ⓘ
receives customs duties ⓘ
excise duties ⓘ
national taxes ⓘ
non-tax revenue of the national government ⓘ
other money received by the national government ⓘ
regulation Treasury Regulations issued under the PFMA ⓘ
relatedTo Appropriation Act (South Africa) ⓘ
Division of Revenue Act (South Africa) ⓘ
South African national budget ⓘ
reportingRequirement included in national government financial statements ⓘ
riskManagement subject to national treasury regulations ⓘ
scope national sphere of government only ⓘ
sector public sector finance ⓘ
supportsFunction macroeconomic and fiscal management in South Africa ⓘ
typeOfRevenue general government revenue ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Government of South Africa → budgetAuthority → National Revenue Fund ⓘ
National Revenue Fund (South Africa) → fullName → National Revenue Fund ⓘ
subject linked to: NRF