SOLOMON ISLANDS

THE 2006 APPROPRIATION ACT 2005

(NO. 12 OF 2005)

Passed by the National Parliament this eighth day of December 2005.

This printed impression has been carefully compared by me with the Bill passed by Parliament and found by me to be a true and correct copy of the said Bill.

Taeasi Sanga (Mrs)
Clerk to National Parliament

Assented to in Her Majesty's name and on Her Majesty's behalf this sixteenth day of December 2005,

Nathaniel Rahumaea Waena 
Governor-General

Date of commencement: date of publication in the Gazette.

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AN ACT TO APPROPRIATE NINE HUNDRED AND FORTY EIGHT MILLION, SIX HUNDRED AND THIRTY THREE THOUSAND, NINE HUNDRED AND NINETY EIGHT DOLLARS, TO THE SERVICE OF THE YEAR ENDING 31ST  DECEMBER 2006.

ENACTED by the National Parliament of Solomon Islands.

Short title

1. This Act may he cited as, the 2006 Appropriation Act 2005.

Authorisation of issue from the Consolidated Fund $948,633,998 to the service of 2006

2. The issue from the Consolidated Fund is hereby authorised of a sum of nine hundred and forty eight million, six hundred and thirty three thousand, nine hundred and ninety eight dollars, to be applied to the service of the year ending 31st December 2006.

Appropriation

3. The sutra 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 2006, 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.

Development and Rehabilitation 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 subsection (1) except in accordance with an agreement under that subsection entered into on or before 31st December 2006.

(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).

Advice 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 (Cap 120) for the financial year 2006 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 (Cap 120) for the financial year 2006 shall not exceed the following amounts:

(a) in respect of Heads of Recurrent Expenditure, twenty million dollars;

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

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FIRST SCHEDULE
(Section 3)

RECURRENT EXPENDITURE		EXPENDITURE AUTHORISED		
				
HEAD				
				
270	Ministry of Agriculture and Lands	27,427,786		
271	Auditor General	3,677,156		
272	Ministry of Education and Human Resources Development	235,520,286		
273	Ministry of Finance, National Reform and Planning	43,625,086		
274	Ministry of Foreign Affairs, Commerce and Tourism	30,229,525		
275	Governor General	1,995,592,		
276	Ministry of Health and Medical Services	97,229,810		
277	Ministry of Infrastructure Development	31,502,748		
279	National Parliament	14,413,848		
280	Ministry of Natural Resources	18,117,254		
281	0ffice of the Prime Minister and Cabinet	27,421,588		
282	Pensions and Gratuities	259,045		
283	Ministry of Police, National Security and Justice	75,496,714		
284	Ministry of Provincial Government, National Reconciliation and Peace and Home Affairs	59,700,154	666,216,592	

DEVELOPMENT
EXPENDITURE		EXPENDITURE
AUTHORISED		
				
HEAD				
				
470	Ministry of Agriculture and Lands	14,000,000		
472	Ministry of Education and Hunan Resources	101,268,569		
473	Ministry of Finance, National Reform and Planning	32,444,829		
474	Ministry of Foreign Affairs, Commerce and Tourism	10,359,000		
476	Ministry of Health and Medical Services	21,557,100		
477	Ministry of Infrastructure Development	56,199,167		
480	Ministry of Natural Resources	8,645,584		
483	Ministry of Police and Justice	9,000,000		
484
	Ministry of Provincial Government National, Reconciliation and Peace and Home Affairs	28,943,157	282,417,406	
				
TOTAL RECURRENT AND DEVELOPMENT EXPENDITURE 	$948,633,998	

Note:

This Appropriation Bill does not include $118,384,764 appropriated through Statutory Expenditure, including the $14,840,911 to be expended on the Domestic Restructured Bond Debt. These Statutory Appropriations are included in the Recurrent Estimates Document and are appropriated by existing legislation.

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SECOND SCHEDULE
(Section 5)

COLUMN 1	COLUMN 2	COLUMN 3	
			
Maximum Borrowing	Use of funds	Source of Funds	
			
100,000,000	To include:	Multilateral, bilateral and other financial institutions.	
			
	(a) Rehabilitation and recovery program costs including regularising outstanding financial obligations carried forward into 2006.

(b) Development Projects in natural resources, economic infrastructure and human resources.		

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