SOLOMON ISLANDS

THE 1997 APPROPRIATION ACT 1996

(NO. 11 OF 1996)

Passed by the National Parliament this thirteenth day of December 1996.

Assented to in Her Majesty's name and on Her Majesty's behalf this twenty-second day of January 1997.

Date of commencement: date of publication in the Gazette.

AN ACT TO Appropriate five hundred and ninety one million two hundred and thirty six thousand one hundred and sixty four dollars to the service of the year ending 31st December 1997.

ENACTED by the National Parliament of Solomon Islands.

Short title.

1. This Act may be cited as the 1997 Appropriation Act 1996.

Authorisation of issue from the Consolidated Fund of $591,236,164 to the service of 1997.

2. The issue from the Consolidated Fund is hereby authorised of the sum of five hundred and ninety one million, two hundred and thirty six thousand, one hundred and sixty four dollars to be applied to the service of the year ending 31st December 1997.

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 to this Act.

Overdrafts and Advances.

4. The Government may, at time or times not later than 31st December 1997, borrow by way of overdraft or advances within or outside Solomon Islands, or partly within and partly outside Solomon Islands any sum not exceeding in the whole one hundred million on such terms and conditions as the Minister of Finance may deem expedient.

Development Bonds.

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 31 December 1996.

(3) The Government shall not, without first obtaining 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 next meeting following such borrowing or agreement any borrowing or the making of any agreement to borrow money under subsection (1).

Advance Warrants.

6. The total of the sums authorised by advance warrants issued by the Minister in exercise of his powers under section 13 of the Public Finance and Audit Act 1978 for the financial year 1997 shall not at any time exceed five million dollars.

Contingencies Warrants.

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 1978 for the financial year 1997 shall not exceed the following amounts -

(1) in respect of Heads of Recurrent Expenditure, two million dollars.

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

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FIRST SCHEDULE

(Section 3)

RECURRENT EXPENDITURE

HEAD 		TITLES		EXPENDITURE AUTHORISED

201		Governor General's Office			631,880
202 		Auditor General's Office			496,554
204 		Office of the Prime Minister			11,439,539
205 		National Parliament				7.834,424
207 		Foreign Affairs				6,836,990
209		Commerce, Industry & Employment		6,306,075
211 		Transport, Works & Communication		19,033,286
216 		Home Affairs					5,303,181
218 		Education & Human Resource Development 49,077,700
219 		Health & Medical Services 			48,754,115
220 		Finance					8,565,221
220 		Pensions and Gratuities			1,510,123
220		Miscellaneous Expenditure			21,887.070
220		Public Debts					103,030,376
226		Provincial Government & Rural Development 33,777,609
228 		Justice & Legal Affairs			9,195,645
230 		National Planning & Development		901,857
231		Mines & Energy				2,738,823
232		Agriculture & Fisheries			12,000,788
233		Youth, Women & Sports			1,676,301
234		Forest, Environment & Conservation		3,517,877
235		Lands & Housing				20,303,818
236		Culture, Tourism & Aviation			7,740,957
237		Police & National Securities			29,574,183

Sub-Total	412,134,392

DEVELOPMENTS EXPENDITURE	EXPENDITURE AUTHORISED

HEADS 	TITLES

A. 	Development of Natural Resources 			16,121,000
B. 	Development of Commerce, Industry & Finance	9,383,000
C. 	Physical Infrastructure & Utilities			70,639,700
D. 	Human Resource & Community Development	64,772,072
E. 	Government & Security 				18,188,000

Sub-Total		179,101,772

Total Recurrent and Development Expenditure 591,236,164

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SECOND SCHEDULE

(Section 5)

COLUMN 1
Maximum Borrowing 		COLUMN 2
Use of Funds	COLUMN 3
Sources of Funds	
			
100,000,000	Development projects in natural resources, economic infrastructure and human resources
	Asian Development Bank (ADB) and other foreign multilateral financing sources	
100,000,000	Local financing of development projects and deficit	Development Bonds, Treasury Bills, Savings Certificate and term loans from domestic financial institutions and National Provident Fund.	

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