2. Appropriation for financial year, 2016

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

Without prejudice to any other law authorizing any expenditure and subject to the provisions of subsection (4) of this section, the expenditure of the Government which is estimated will be rupees two thousand five hundred seven billion ninety seven million eighteen thousand for the service of the period beginning on January 1, 2016 and ending on December 31, 2016 (in this Act referred to as the

“financial year 2016”), shall be met –

(a)

from payments which are hereby authorized to be made out of the Consolidated Fund or any other fund or moneys of or at the disposal of the

Government; and

(b)

from the proceeds of loans which are hereby authorized in terms of relevant laws to be raised whether in or outside Sri Lanka, for and on behalf of the Government, so however that the aggregate of such proceeds does not exceed rupees one thousand six hundred ninety nine billion and the details of such loans shall be incorporated in the final

Budget Position Report which is required to be tabled in Parliament under section 13 of the Fiscal

Management (Responsibility) Act, No. 3 of 2003.

(2)

The sum of rupees two thousand five hundred seven billion ninety seven million eighteen thousand referred to in subsection (1), may be expended as specified in the First

Schedule to this Act.

(3)

The provisions of subsection (1) shall have effect without prejudice to the provisions of any other written law, authorizing the raising of loans for and on behalf of the

Government.

(4)

The estimated expenditure of the Government authorized by laws to be charged on the Consolidated Fund, will be rupees one thousand one hundred ninety one billion nine hundred two million nine hundred eighty two thousand for the service of the period beginning on January 1,

2016 and ending on December 31, 2016. The expenditure

Heads and the laws under which such expenditure is authorized to be made, are as specified in the Second

Schedule to this Act.

Read on from s 3