Local Consolidated Fund

Article
229
Title
Local Consolidated Fund
Category
other
Description

There shall be a Local Consolidated Fund at each Local Level into which all revenues received, grants from federal and provincial governments, loans and other receipts shall be credited; expenditure shall be in accordance with law.

Practice questions

  1. From which government levels can the Local Consolidated Fund receive grants?

  2. Which of the following sources of income is credited into the Local Consolidated Fund?

  3. According to the provisions for the Local Consolidated Fund, what is the prerequisite for making expenditures from it?

  4. Which governmental tier is required to maintain a Local Consolidated Fund?

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