Appropriation

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Published: 2006

Appropriation
Appropriation




AN ACT TO PROVIDE FOR THE SERVICE OF THE FINANCIAL YEAR 2007, TO AUTHORISE THE RAISING OF LOANS IN OR OUTSIDE SRI LANKA, FOR THE PURPOSE OF SUCH SERVICE ; TO MAKE FINANCIAL PROVISION IN RESPECT OF CERTAIN ACTIVITIES OF THE GOVERNMENT DURING THAT FINANCIAL YEAR ; TO ENABLE THE PAYMENT BY WAY OF ADVANCES OUT OF THE CONSOLIDATED FUND OR ANY OTHER FUND OR MONEYS, OF OR AT THE DISPOSAL OF THE GOVERNMENT, OF MONEYS REQUIRED DURING THAT FINANCIAL YEAR FOR EXPENDITURE ON SUCH ACTIVITIES ; TO PROVIDE FOR THE REFUND OF SUCH MONEYS TO THE CONSOLIDATED FUND ; AND TO MAKE PROVISION FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO.








BE it enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows :-



[15th December

, 2006 ]













Short title.



1. This Act may be cited as the Appropriation Act, No. 47 of 2006.



Appropriation for financial year, 2007.



2.





(1) Without prejudice to any other law authorizing any expenditure, the expenditure of the Government which it is estimated will be rupees eight hundred and nine thousand four hundred and forty three million five hundred and fifty thousand for the service of the period beginning on January 1, 2007 and ending on December 31, 2007, in this Act referred to as the "financial year 2007", shall be met-





(a) from payments which are hereby authorized to be made out of the Consolidated Fund or any other fund or moneys, of, or at the disposal of, the Government ; and



(b) from the proceeds of loans which are hereby authorized to be raised, whether in or outside Sri Lanka, for and on behalf of the Government, so however that the aggregate of such proceeds does not exceed rupees six hundred and fifty five thousand million.



(2) The sum of rupees eight hundred and nine thousand four hundred and forty three million five hundred and fifty thousand referred to in subsection (1), may be expended as specified in the First Schedule to this Act.



(3) The provisions of subsection (1) shall have effect, without prejudice to the provisions of any other written law authorizing the raising of loans for and on behalf of the Government.











Financial provision in respect of certain activities of the Government for the financial year 2007.



3.





(1) The receipts of the Government during the financial year 2007, from each activity specified in Column I of the Second Schedule to this Act, shall be credited to the account of such activity, but the aggregate of receipts so credited shall be not less than the minimum limit specified in the corresponding entry in Column III of that Schedule. The net surplus, if any, of such activity, shall be paid to the Consolidated Fund before the expiry of six months after the close of the financial year 2007.



(2) For the purpose of determining the net surplus under subsection (1), the following charges shall be set off against the revenue of each activity :-





(a) the working, establishment and other expenses of the activity whether paid or accrued, properly chargeable to the revenue of the activity ; and



(b) provision to cover the depreciation of the movable and immovable property of the activity.



(3) The expenditure incurred by the Government, during the financial year 2007 on each activity specified in Column I of the Second Schedule to this Act, shall be paid out of the receipts of the Government from such activity during that financial year, but such expenditure shall not exceed the maximum limit specified in the corresponding entry in Column II of that Schedule.



(4) The debit balance outstanding at the end of the financial year 2007 of any activity specified in Column I of the Second Schedule to this Act, shall not exceed the maximum limit specified in the corresponding entry in Column IV of that Schedule, and the total liabilities of that activity at the end of that financial year shall not exceed the maximum limit specified in the corresponding entry in Column V of that Schedule.



Payment from the Consolidated Fund or any other fund or moneys, of, or at the disposal of the Government, of advances for expenditure on the activities referred to in section 3, during the financial year 2007.



4. Whenever at any time during the financial year 2007, the receipts of the Government from any activity specified in Column I of the Second Schedule to this Act are insufficient to meet the expenditure incurred by the Government on such activity, the Minister may from time to time by Order, direct that such sums as he may deem necessary to meet such expenditure shall be payable by way of advances, out of, the Consolidated Fund or any other fund or moneys, of, or at the disposal of, the Government, so however that the aggregate of the sums so advanced shall not exceed the maximum limit of expenditure specified in the corresponding entry in Column II of that Schedule. Any sum so advanced in respect of such activity shall be refunded to the Consolidated Fund in such manner, as the Minister may by Order direct.



Power to transfer unexpended moneys allocated to Recurrent Expenditure, to another allocation within the same Programme or to another Programme under the same Head of expenditure.



5.





(1) Any moneys which by virtue of the provisions of the First Schedule to this Act, have been allocated to Recurrent Expenditure under any Programme appearing under any Head specified in that Schedule, but have not been expended or are not likely to be expended, may be transferred to the allocation of Capital Expenditure within that Programme or to the allocation of Recurrent Expenditure or Capital Expenditure under any other Programme within that Head, by order of the Secretary to the Treasury or any other officer authorized by him.



(2) No moneys allocated to Capital Expenditure under any Programme appearing under any Head specified in the First Schedule to this Act, shall be transferred out of that Programme or to any allocation of Recurrent Expenditure of that Programme.



Money allocated to the "Development Activities" Programme may be transferred to any other Programme under any other Head.



6. Any money allocated to Recurrent Expenditure or Capital Expenditure under the "Development Activities" Programme appearing under the Head "Department of National Budget" specified in the First Schedule, may be transferred to any other Programme under any other Head in the Schedule, by order of the Secretary to the Treasury or any other officer authorized by him. The money so transferred shall be deemed to have been covered by a supplementary estimate submitted by the appropriate Minister.



Power of Minister to limit expenditure previously authorized.



7. Where the Minister is satisfied-





(a) that receipts from taxes and other sources will be less than the amounts anticipated to finance authorized expenditure ; or



(b) that amounts originally appropriated for a particular purpose or purposes are no longer required,



he may with the approval of the Government, withdraw in whole or in part, any amounts previously released for expenditure under the authority of a warrant issued by him, from the Consolidated Fund or from any other fund or moneys, of, or at the disposal of, the Government, to meet any authorized expenditure.



Power of Minister to vary the maximum and minimum limits specified in the Second Schedule to this Act.



8.





(1) The Minister with the approval of the Government may, on or before May 31, 2008, by Order, vary or alter-





(a) any of the maximum limits specified in Column II, Column IV and Column V ;



(b) the minimum limits specified in Column III,



of the Second Schedule to this Act.



(2) No Order made under subsection (1) shall have effect unless it has been approved by Parliament by resolution.



(3) Any Order made under subsection (1) shall, if so expressed therein, be deemed to have had effect from such date prior to the date of making such Order, as may be specified therein.



Power of Parliament to amend the Second Schedule to this Act.



9. Parliament may by resolution amend the Second Schedule to this Act, by adding to the appropriate Columns of that Schedule any activity and providing for -





(a) all or any of the maximum limits relating to such activity;



(b) the minimum limit relating to such activity.



Sinhala text to prevail in case of inconsistency.



10. In the event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.



Schedules
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