Act No. 61, 2001 | Constitution of the Republic of South Africa Second Amendment Act, 2001 |
Amendment of section 226 of Act 108 of 1996
8. Section 226 of the Constitution is hereby amended by the addition of the following subsection:
“(4) National legislation may determine a framework within which—
Amendment of section 228 of Act 108 of 1996
9. Section 228 of the Constitution is hereby amended by the substitution for paragraph (b) of subsection (1) of the following paragraph:
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[—
(2) National legislation referred to in subsection (1) may be enacted only after any recommendations of the Financial and Fiscal Commission have been considered.”.
Short title
11. This Act is called the Constitution of the Republic of South Africa Second Amendment Act, 2001, and comes into operation on a date fixed by the President by proclamation in the Gazette.