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2004 Appropriation Act 2003

SOLOMON ISLANDS


THE 2004 APPROPRIATION ACT 2003


(NO. 4 OF 2003)


Passed by the National Parliament this fourth day of December 2003.


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.


Clezy Rore
Deputy Clerk to Parliament


Assented to in Her Majesty's name and on Her Majesty's behalf this thirty-first day of December 2003.


Sir Peter Kenilorea
Acting Governor-General


Dated of commencement: date of publication in the Gazette.


AN ACT TO APPROPRIATE SEVEN HUNDRED AND FIFTY SIX MILLION FIFTY ONE THOUSAND FOUR HUNDRED AND SEVENTY TWO DOLLARS. TO THE SERVICE OF THE YEAR ENDING 31ST DECEMBER 2004.


ENACTED by the National Parliament of Solomon Islands.


Short title


1. This Act may be cited as the 2004 Appropriation Act 2003.


Authorisation of issue from the Consolidated Fund $756,051,472 to the service of 2004


2. The issue from the Consolidated Fund is hereby authorised of a sum of seven hundred and fifty six million fifty one thousand four hundred and seventy two dollars to be applied to the service of the year ending 31st December 2004.


Appropriation


3. The sum specifies 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.


Overdraft and Advances


4. The Government may, at any time or times not later than the 31st December 2004, 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.


Development and Rehabilitation 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 in agreement under that subsection entered into on or before 31st December 2004.


(3) The Government shall not, without first obtaining the further authority of Parliament to borrow for the purposes ascribed thereto, borrow 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 subsection (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 2004 shall not at any one 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 2004 shall not exceed the following amounts:


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


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


FIRST SCHEDULE


(Section 3)


RECURRENT EXPENDITURE
EXPENDITURE
AUTHORISED
HEAD

270
Ministry of Agriculture and Lands
13,658,998
271
Auditor General
1,106,408
272
Ministry of Education and Human Resources Development
90,210,000
273
Ministry of Finance, National Reform and Planning
14,088,028
274
Ministry of Foreign Affairs, Commerce and Tourism
11,636,732
275
Governor General
1,091,586
276
Ministry of Health and Medical Services
52,980,902
277
Ministry of Infrastructure Development
17,900,078
278
National Debt Servicing
0
279
National Parliament
8,999,375
280
Ministry of Natural Resources
7,412,534
281
Office of the Prime Minister and Cabinet
17,945,474
282
Pensions and Gratuities
251,500
283
Ministry of Police, National Security and Justice
45,723,3792
284
Ministry of Provincial Government, National Reconciliation and Home Affairs
21,408,148

TOTAL RECURRENT EXPENDITURE

304,413,142

DEVELOPMENT EXPENDITURE

HEAD


470
Ministry of Agriculture and Lands
4,432,000
472
Ministry of Education and Human Resources Development
77,271,334
473
Ministry of Finance, National Reform and Planning
34,682,250
474
Ministry of Foreign Affairs, Commerce and Trade
500,000
476
Ministry of Health and Medical Services
95,863,209
477
Ministry of Infrastructure Development
41,997,000
480
Ministry of Natural Resources
5,385,007
481
Office of the Prime Minister
0
483
Ministry of Police, National Security and Justice
86,127,900
484
Ministry of Provincial Government, National Reconciliation, Peace and Home Affairs
105,379,630

TOTAL DEVELOPMENT EXPENDITURE

451,638,330

TOTAL RECURRENT AND DEVELOPMENT EXPENDITURE

756,051,472

______________


SECOND SCHEDULES
(Section 5)


Column 1
Column 2
Column 3



Maximum Borrowing
Use of Funds
Source of Funds



3000.000.000
TO include:
Multilateral, Bilateral and other financial institutions


(a) Rehabilitation and recovery program costs including regularising outstanding financial obligations carried forward into 2004.

(b) Development projects in natural resources, economic infrastructure and human resources.



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