TUVALU

1997 APPROPRIATION ACT 1997
(Act 1 of 1997)

I assent

Sir Tulaga Manuella GCMG MBE
Governor-General

Dated the 10th April, 1997

AN ACT to authorise an appropriation of moneys out of the Consolidated Fund for recurrent expenditures for the service of the year ending 31 December, 1997.

ENACTED by the Parliament of Tuvalu-

Short title

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

Authorisation of expenditure

2. The Minister may, by warrant under his hand, authorise the issue from the Consolidated Fund, for the service of Tuvalu for the financial year ending 31 December, 1997 of a sum not exceeding thirteen million ninety three thousands five hundred and sixty-eight dollars ($13,093,568) which sum shall be appropriated in accordance with the Schedule for the purposes specified.

SCHEDULE
(Section 2)

(A) APPROPRIATION OF AUTHORISED EXPENDITURES

	Head of Expenditure	Expenditure Authorised ($)	
A	Office of the Governor-General	26,294	
B	Office of the Prime Minister	1,824,460	
C	Office of the Attorney General	25,243	
D	Parliament	55,604	
E	Office of Auditor-General 	60,524	
F	Ministry of Finance and Economic Planning	658,738	
G	Ministry of Works, Energy and Communications	1,859,488	
H	Ministry of Health and Human Resources Development	2,984,668	
I	Ministry of Natural Resources	898,351	
J	Ministry of Home Affairs and Rural Development	625,933	
K	Police and Prison Services	462,209	
L	Ministry of Tourism, Trade and Commerce	261,057	
Total		9,742,568	

(B) APPROPRIATION OF PORTFOLIO MANAGEMENT TRANSACTIONS

	Transaction	Amount ($)	
4015	Equity injection to the Development Bank of Tuvalu	
100,00	
4005	Insurance Fund	50,000	
4009	Disaster Rehabilitation Fund	30,000	
4010	Equity injection to the National Bank of Tuvalu	171,000	
4014	Contribution to the Tuvalu Trust Fund	3,000,000	
Total		3,351,000	

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1997 APPROPRIATION ACT 1997
(Act 1 of 1997)

EXPLANATORY MEMORANDUM
(This memorandum is not part of the Act)

This Act authorises the appropriation of moneys from the Consolidated Fund of Tuvalu in accordance with section 165 of the Constitution of Tuvalu. This appropriation, amounting to thirteen million ninety three thousand five hundred and sixty eight dollars ($13,093,568) will meet the expenditures by the Government in the financial year ending 31 December, 1997 as detailed in the National Budget for 1997 presented to the Parliament by the Honourable Minister of Finance and Economic Planning.

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