← belizelaw.ai · Finance And Audit (Reform), Cap. 15 · PART II — Finance

Issue of money before passing of Appropriation Act

Cap. 15, s. 4 · Revised Edition 2020

If the Appropriation Act for any financial year has not come into operation by the beginning of that financial year, the Minister may by warrant under his hand authorize the withdrawal from the Consolidated Revenue Fund of moneys to meet such expenditure as may be necessary to carry on the services of the Government until the expiration of four months from the beginning of that financial year, or the coming into operation of that Appropriation Act, whichever is the earlier, Act. Provided that, (a) no expenditure upon any goods or service for which no provision has been made in an Act in force during the previous financial year shall be deemed to be authorized by this section; (b) the expenditure so authorized for any goods or service shall not exceed one-third of the amount voted for that service in the previous year; and (c) all moneys withdrawn from the Consolidated Revenue Fund in pursuance of the said warrants shall be deemed to have been issued in anticipation of grants being made by the National Assembly in the Appropriation Act for the financial year in which the withdrawal took place, and on the coming into operation of such Act the warrant shall cease to have effect, and withdrawals thereunder shall be deemed to have been made for the purposes of such Act and shall be accounted for accordingly.
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