AN ACT TO PROVIDE FOR THE SERVICE OF THE FINANCIAL YEAR 2003. TO AUTHORISE THE RAISING OF LOANS IN OR OUTSIDE SRI LANKA. FOR THE PURPOSE OF SUCH SERVICE TO MAKE FINANCIAL PROVISIONS 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 MONEY OF OR AT THE DISPOSAL OF THE GOVERNMENT, OF MONEYS REQUIRED DURING THAT FINANCIAL YEAR FOR EXPENDITURE OF SUCH ACTIVITIES, TO PROVIDE FOR THE REFUND OF SUCH MONEY TO THE CONSOLIDATED FUND; AND TO THE MAKE PROVISION FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL TO
BE it enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows :-
1. This Act may be cited as the Appropriation act, No. 31 of 2002.
Appropriation for financial year 2003.
(1) Without prejudice to may other law authorising any expenditure, the expenditure of the Government which it is estimated will be rupees three hundred and fifty four thousand seventy five million three hundred and sixty one thousand for the service of the period beginning on January 1, 2003. and ending on December 31, 2003 in this Act referred to as the "Financial year 2003", shall be met -
(a) from payments which are hereby authorised to be made out of the Consolidated Fund or any other fund or money of or an the disposal of, the Government ; and
(b) from the proceeds of loans which are hereby authorised 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 three hundred and sixteen thousand million.
(2) The sum Of rupees three hundred and sixty one 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 authorising 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, 2003.
(1) The receipts of the Government during the financial year, 2003 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, 2003.
(2) For the purpose of determining the net surplus under subsection (1) the following charge 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, 2003 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 of the 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, 2003. 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 and 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, 2003.
4. Whenever at any time during the financial year, 2003, 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 such 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.
(1) Any moneys which, by virtue 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 with that Programme, or to the allocation of Recurrent Expenditure with in that Programme, or to the allocation Recurrent Expenditure or Capital Expenditure under any other Programme within that Head by order of the Secretary to the Treasury or any other officer authorised 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.
Power of Minister expenditure to limit previously authorised.
6. Where the Minister is satisfied -
(a) that receipts from taxes and other sources will be less than the amounts anticipated to finance authorised 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 at the disposal of the Government to meet any authorised expenditure.
Power of Minister to vary the maximum and minimum limits specified in the Second schedule to this Act.
(1) The Minister with the approval of the Government may on or before May 31,2004, by Order, very 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 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.
8. Parliament may, by resolution, amend the Second Schedule to this Act by adding to the appropriate columns of that Schedule, any activities 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.
9. In the event of any inconsistency between the Sinhala and Tamil texts of this Act the Sinhala text shall prevail.