SOLOMON ISLAND

THE 1999 APPROPRIATION ACT 1998
(NO. 12 OF 1998)

Passed by the National Parliament this ninth day of December 1998.

Assented to in Her Majesty's name and on Her Majesty's behalf this twenty-first day of January 1999.

Date of commencement: date of publication in the Gazette

Short Title.

1. This Act may be cited as the 1999 Appropriation Act 1998.

Authorisation of issue from the Consolidated Fund of $438,931,419 to the service of 1999.

2. The issue from the Consolidated Fund is hereby authorised of a sum of four hundred and thirty eight million, nine hundred and thirty one thousand, four hundred and nineteen dollars to be applied to the service of the year ending 31st December 1999.

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.

Overdrafts and Advances.

4. The Government may, at any time or times not later than the 31st December 1999, 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.

Structural Reform Programme and Development 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 subsections (1) except in accordance with an agreement under that subsection entered into on or before 31st December 1999.

(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 1978 for the financial year 1999 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 1978 .for the financial year 1999 shall not exceed the following amounts:

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

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

FIRST SCHEDULE
(Section 3)

RECURRENT EXPENDITURE

HEAD	TITLE	EXPENDITURE AUTHORISED	
			
201	Governor-General	528,803	
202	Auditor General	408,089	
204	Office of the Prime Minister	16,253,931	
205	National Parliament	6,425,734	
208	Ministry of Justice, Legal Affairs, & Police Security	36,806,078	
209	Ministry of Commerce, Industries, Employment, & Tourism	5,245,126	
211	Ministry of Transport, Works, Communications, & Aviation	21,687,471	
214	Ministry of Natural Resources	4,807,006	
216	Ministry of Home Affairs, Provincial Government, & Rural Development	33,744,366	
218	Ministry of Education & Human Resources Development	55,149,455	
219	Ministry of Health & Medical Services	56,745,768	
220	Ministry of Finance & Development Planning	7,729,252	
220	Pensions and Gratuities	191,000	
220	Miscellaneous	15,518,000	
221	Policy and Structural Reform Programme	37,815,000	
235	Ministry of Lands, Agriculture, & Fisheries	24,078,340	
			323,133,419	

DEVELOPMENT EXPENDITURE

HEAD	TITLE	EXPENDITURE AUTHORISED	
			
401	Developing of Natural Resources	12,295,000	
402	Development of Commerce, Industry& Finance	3,120,000	
403	Physical Infrastructure &Utilities	40,499,000	
404	Human Resources & Community Development	21,045,000	
405	Government & Security	38,839,000	
			115,798,000	
		
TOTAL RECURRENT AND DEVELOPMENT EXPENDITURE		
	438,931,419	

SECOND SCHEDULE
(Section 5)

Column 1	Column 2	Column 3	
			
Maximum Borrowing	Use of Funds	Source of Funds	
			
$80,000,000	To include;	Multilateral and bilateral financial institutions.	
			
	(a) structural reform programme costs including regularising outstanding financial obligations carried forward into 1999.		
			
	(b) Development projects in natural resources, economic infrastructure and human resources.		
			
$55,000,000	Structural reform programme costs including regularising outstanding financial obligations carried forward into 1999.	Treasury Bills and Development Bonds from domestic financial institutions, National Provident Fund and others.	

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