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2000 Appropriation Act 1999

SOLOMON ISLANDS

THE 2000 APPROPRIATION
ACT 1999

(No. 15 OF 1999)

Passed by the National Parliament this fourteenth day of December 1999.

This printed impression has been carefully compared by me with the Bill passed by Parliament and found by me to be a true and correct copy of the said Bill.

Elizabeth Andresen
Clerk to National Parliament

Assented to in Her Majesty's name and on Her Majesty's behalf this nineteenth day of January 2000.

Rev. John Ini Lapli
Governor-General

Date of Commencement: date of publication in the Gazette

AN ACT TO APPROPRIATE FIVE HUNDRED AND THIRTY-NINE MILLION, TWO HUNDRED AND ONE THOUSAND AND TWO HUNDRED AND FIFTY DOLLARS, TO THE SERVICE OF THE YEAR ENDING 31^ST DECEMBER, 2000.

ENACTED by the National Parliament of Solomon Islands.

Short title.

1. This Act may be cited as the 2000 Appropriation Act 1999.

Authorisation of issue from the Consolidated Fund $539,201,250 to the service of 2000.

2. The issue from the Consolidated Fund is hereby authorised of a sum of five hundred and thirty-nine million, two hundred and one thousand, two hundred and fifty dollars to be applied to the service of the year ending 31^st December 2000.

Appropriation

3. The sum specified in the preceding section shall be appropriated for the supply of the heads specified, and in the amounts respectively specified in relation thereto, in the First Schedule.

Overdrafts and Advances.

4. The Government may, at any time or times not later than the 31st December 2000, borrow by way of overdraft and advances within or outside Solomon Islands, any sum not exceeding in the whole one hundred million dollars on such terms and conditions as the Minister of Finance may deem expedient.

Structural Reform Programme and Development Loans

5. (1) The Government may, in addition to its borrowings under the provisions of section 4, borrow or enter into agreements to borrow on such terms and conditions as it may determine amounts up to such sums of money for such purposes and from such sources as are respectively specified in the first, second and third columns of the Second Schedule.

(2) No amounts may be borrowed under subsection (1) except in accordance with an agreement under that subsection entered into on or before 31st December 2000.

(3) The Government shall not, without first obtaining the further authority of Parliament borrow for the purposes described thereto, any sum or sums in excess of the figure shown in the first column of the Second Schedule.

(4) The Minister shall report to Parliament at the meeting next following such borrowing or agreement of any borrowing or the making of any agreement to borrow under sub-section (1).

Advance Warrant

6. The total sums authorised by advance warrants issued by the Minister in exercise of his powers under section 13 of the Public Finance and Audit Act (Cap 120) for the financial year 2000 shall not at any time exceed ten million dollars.

Contingencies warrant

7. The total sums authorised by contingencies warrants issued by the Minister in exercise of his powers under section 15 of the Public Finance and Audit Act (Cap 120) for the financial year 2000 shall not exceed the following amounts:

(a) in respect of Heads of Recurrent Expenditure, two million dollars; and

(b) in respect of Heads of Development Expenditure, two million dollars.

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SECOND SCHEDULE
(Section 5)