Accordingly, on 22 February 2012, the Minister of Finance tabled before Parliament the 2012 National Budget together with the Division of Revenue Bill [B4-2012] as required by the above-mentioned legislative frameworks. The Constitution sets out specific criteria for the sharing of nationally raised revenue among national, provincial and local spheres of government. The Division of Revenue Bill classifies schedules from Schedule 1 to 8 in order to divide revenue among the three spheres of government. Table 1 below provides the equitable division of nationally raised revenue among these three spheres of government.