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1997 Appropriation Act 1997

TUVALU


1997 APPROPRIATION ACT 1997
(Act 1 of 1997)


I assent


Sir Tulaga Manuella GCMG MBE
Governor-General


Dated the 10th April, 1997


AN ACT to authorise an appropriation of moneys out of the Consolidated Fund for recurrent expenditures for the service of the year ending 31 December, 1997.


ENACTED by the Parliament of Tuvalu-


Short title


1. This Act may be cited as the 1997 Appropriation Act 1997.


Authorisation of expenditure


2. The Minister may, by warrant under his hand, authorise the issue from the Consolidated Fund, for the service of Tuvalu for the financial year ending 31 December, 1997 of a sum not exceeding thirteen million ninety three thousands five hundred and sixty-eight dollars ($13,093,568) which sum shall be appropriated in accordance with the Schedule for the purposes specified.


SCHEDULE
(Section 2)


(A) APPROPRIATION OF AUTHORISED EXPENDITURES
Head of Expenditure
Expenditure Authorised ($)
A
Office of the Governor-General
26,294
B
Office of the Prime Minister
1,824,460
C
Office of the Attorney General
25,243
D
Parliament
55,604
E
Office of Auditor-General
60,524
F
Ministry of Finance and Economic Planning
658,738
G
Ministry of Works, Energy and Communications
1,859,488
H
Ministry of Health and Human Resources Development
2,984,668
I
Ministry of Natural Resources
898,351
J
Ministry of Home Affairs and Rural Development
625,933
K
Police and Prison Services
462,209
L
Ministry of Tourism, Trade and Commerce
261,057
Total
9,742,568

(B) APPROPRIATION OF PORTFOLIO MANAGEMENT TRANSACTIONS
Transaction
Amount ($)
4015
Equity injection to the Development Bank of Tuvalu
100,00
4005
Insurance Fund
50,000
4009
Disaster Rehabilitation Fund
30,000
4010
Equity injection to the National Bank of Tuvalu
171,000
4014
Contribution to the Tuvalu Trust Fund
3,000,000
Total
3,351,000

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1997 APPROPRIATION ACT 1997
(Act 1 of 1997)


EXPLANATORY MEMORANDUM
(This memorandum is not part of the Act)


This Act authorises the appropriation of moneys from the Consolidated Fund of Tuvalu in accordance with section 165 of the Constitution of Tuvalu. This appropriation, amounting to thirteen million ninety three thousand five hundred and sixty eight dollars ($13,093,568) will meet the expenditures by the Government in the financial year ending 31 December, 1997 as detailed in the National Budget for 1997 presented to the Parliament by the Honourable Minister of Finance and Economic Planning.


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