|
|
Home
| Databases
| WorldLII
| Search
| Feedback
Cook Islands Sessional Legislation |
COOK ISLANDS
APPROPRIATION AMENDMENT ACT 2008
No. 13
______________
ANALYSIS
Title
1. Short title
2. Application
3. Grant and appropriation out of the Cook Islands Government Account
4. New Schedules and Summary
Schedules
_____________
2008, No. 13
An Act to amend the Appropriation Act 2008
(24 September 2008
MOST GRACIOUS SOVEREIGN: We, Your Majesty's most dutiful and loyal subjects, the Parliament of the Cook Islands, towards making good the supply which we
have cheerfully granted to Your Majesty in this year, have resolved to grant Your Majesty the sum specified in this Act and humbly
ask Your Majesty to assent to the sum. And be it enacted by the Parliament of the Cook Islands in Session assembled, and by the authority
of the same, as follows:
1. Short Title - This Act may be cited as the Appropriation Amendment Act 2008 and shall be read together with and deemed part of the Appropriation
Act 2008 (hereinafter referred to as "the principal Act".)
2. Application - This Act applies to the year ending on the thirtieth day of June 2009 ("the year").
3. Grant and appropriation out of the Cook Islands Government Account - Subsection (1) of section 3 of the principal Act is amended by omitting the amount "$110,572,039", and substituting the amount "$125,808,727".
4. New Schedules and Summary - the principal Act is amended by deleting Schedules 3, 4, and the Summary, and substituting the Schedules and Summary set out in
the Schedule to this Act.
_______________
This Act is administered in the Ministry of Finance and Economic Management
SCHEDULE 2
BENEFITS AND OTHER UNREQUITED EXPENSES
| | Budget | Estimate |
| Welfare Payments Parliamentary Superannuation | 10,144,709 244,799 | 10,144, 709 244,799 |
| TOTAL BENEFITS AND OTHER UNREQUITED EXPENSES | 10,389,508 | 10,389,508 |
SCHEDULE 3
BORROWING EXPENSES AND DEBT REPAYMENT
| | Budget | Estimate |
| Gross Debt Servicing (Schedule 9) | 1,779,529 | 3,494,328 |
| TOTAL BORROWING EXPENSES DEBT REPAYMENT | 1,779,529 | 3,494,328 |
SCHEDULE 4
OTHER EXPENSES
| | Budget | Estimate |
| Airport Authority | 2,283,257 | 2,283,257 |
| Bank of the Cook Islands | 120,000 | 120,000 |
| Building Maintenance | 1,800,000 | 1,800,000 |
| South Pacific Mini Games 2009 | 300,000 | 300,000 |
| Expenditure of ADB Loan (CEAL Project) | 1,495,500 | 1,495,500 |
| Expenditure of Chinese Loan (SMPG 2009) | 0 | 13,521,890 |
| Foreign Aid | 21,174,088 | 21,174,088 |
| CIIC Capital Expenditure | 390,000 | 390,000 |
| Contingency Funds - Capital Expenditure | 75,000 | 75,000 |
| Contingency Funds - Operating | 200,000 | 200,000 |
| TOTAL OTHER EXPENSES | 27,837,845 | 41,359,735 |
SUMMARY
| | Budget | Estimate |
| Schedule 1 - Ministry Outputs(Net), POBOCs and Capital Expenditure(Excludes Benefits and Other Unrequited Expenses and depreciation) | 70,565,156 | 70,565,156 |
| Schedule 2 - Benefits and Other Unrequited Expenses | 10,389,508 | 10,389,508 |
| Schedule 3 - Borrowing Expenses and Debt Repayment | 1,779,529 | 3,494,328 |
| Schedule 4 - Other Expenses | 27,837,845 | 41,359,735 |
| TOTAL APPROPRIATIONS | 110,572,039 | 125,808,727 |
_______________
PacLII:
Copyright Policy
|
Disclaimers
|
Privacy Policy
|
Feedback
URL: http://www.paclii.org/ck/legis/num_act/aaa2008256
