Sri Lanka Consolidated Acts

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Appropriation Act (No. 47 of 2006) - Sect 2

Appropriation for financial year, 2007

2.
(1) Without prejudice to any other law authorizing any expenditure, the expenditure of the Government which it is estimated will be rupees eight hundred and nine thousand four hundred and forty three million five hundred and fifty thousand for the service of the period beginning on January 1, 2007 and ending on December 31, 2007, in this Act referred to as the "financial year 2007", shall be met-
(a) from payments which are hereby authorized to be made out of the Consolidated Fund or any other fund or moneys, of, or at the disposal of, the Government ; and
(b) from the proceeds of loans which are hereby authorized 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 six hundred and fifty five thousand million.
(2) The sum of rupees eight hundred and nine thousand four hundred and forty three million five hundred and fifty 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 authorizing the raising of loans for and on behalf of the Government.


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