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Act No. XLII of 2021 - Budget Measures Implementation Act, 2021 (Amendment) Act

Thirteenth Legislature (2017 - )


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Published on 20 July 2021

Bill No. 230 - Budget Measures Implementation Act, 2021 (Amendment) Bill

Objects and Reasons

The objects and reasons of this Bill are to provide for additional funds to finance the Budget 2021 measures and to make good for further corresponding government revenue shortfalls arising. The need to provide additional funds is largely a result of keeping in place beyond the period originally contemplated in the 2021 Budget, several unprecedented fiscal policy support measures which had been introduced in 2020 to mitigate the negative impact of COVID-19 pandemic on the economy.

Motion No. 556 - Budget Measures Implementation Bill, Act XVIII of 2021