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2010 Appropriation Act 2009

SOLOMON ISLANDS

2010 APPROPRIATION ACT 2009
(NO. 23 OF 2009)

PASSED by the National Parliament this twenty-third day of December 2009.
(This printed impression has been carefully compared by me with the Bill passed by Parliament and found by me to be a true copy of the Bill)

Taeasi Sanga (Mrs)
Clerk to National Parliament

ASSENTED to in Her Majesty’s name and on Her Majesty’s behalf this thirtieth day of December 2009.

Sir Frank Utu Ofagioro Kabui
Governor-General

Date of Commencement: (See section 1)

AN ACT TO APPROPRIATE ONE BILLION, EIGHT HUNDRED AND FORTY-FOUR MILLION, TWO-HUNDRED HUNDRED AND TWENTY-ONE THOUSAND AND SEVEN HUNDRED AND TWENTY DOLLARS, TO THE SERVICE OF THE YEAR ENDING 31ST DECEMBER 2010

ENACTED by the National Parliament of Solomon Islands.

Short title and commencement

1. This Act may be cited as the 2010 Appropriation Act 2009 and commences on 1 January 2010.

Authorisation and appropriation of $1,844,221,720

2. (1) The issue from the Consolidated Fund is hereby authorised of a sum of one billion, eight hundred and forty-four million, two-hundred and twenty-one thousand and seven hundred and twenty dollars, to be applied to the service of the year ending 31st December 2010.

(2) The sum specified in subsection (1) shall be appropriated for the supply of the heads specified, and in the amounts respectively specified in relation to such heads, in the First Schedule.

Overdrafts and advances

3. The Government may, at any time or times not later than the 31st December 2010, 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 approve.

Development and rehabilitation

4. (1) The Government may, in addition to its borrowings under section 3, borrow on such terms and conditions as it may determine amounts not exceeding one hundred million dollars and for such purposes and from such sources as are respectively specified in the first, second and third columns of the Second Schedule.

(2) The Government shall not borrow any sum or sums under this section –

(a) except in accordance with an agreement entered into on or before 31st December 2010; and

(b) in excess of one hundred million dollars except with the resolution of Parliament pursuant to section 32 of the Public Finance and Audit Act (Cap. 120).

(3) 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 this section.

Advance warrants

5. The total sums to be authorised by advance warrants by the Minister under section 13 of the Public Finance and Audit Act (Cap. 120) for the financial year 2010 shall not exceed sixty million dollars.

Contingencies warrants

6. The Minister may, for the 2010 financial year and pursuant to section 15 of the Public Finance and Audit Act (Cap. 120)-

(a) in respect of the Heads of Recurrent Expenditure, authorise under contingencies warrants such sums not exceeding thirty million dollars; and

(b) in respect of the Heads of Development Expenditure, authorise under contingencies warrants such sums not exceeding thirty million dollars.

FIRST SCHEDULE
(Section 2)

PART 1 - RECURRENT EXPENDITURE

BUDGET SUPPORT EXPENDITURE

PART 2 - DEVELOPMENT EXPENDITURE

NOTE: This Appropriation Bill does not include $152,639,726 appropriated through Statutory Expenditure, including the $120,000,000 to be expended on Total National Debt. These Statutory Appropriations are included in the Recurrent Estimates Document and are appropriated by existing legislation.

SECOND SCHEDULE
(Section 4)