Appropriation Act 2017 · As enacted
2. Appropriation for financial year, 2018
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
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 one hundred forty two billion seven hundred forty one million sixty three thousand for the service of the period beginning on January 01, 2018 and ending on December 31, 2018(in this Act referred to as the “financial year 2018”), shall be met –
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
from borrowing made in the financial year 2018
which are hereby authorized in terms of relevant laws for moneys to be raised whether in or outside
Sri Lanka, for and on behalf of the Government, provided that the balance outstanding of such borrowing at any given time during the financial year 2018 or at the end of the financial year 2018
shall not exceed rupees one thousand eight hundred ninety three billion eight hundred forty four million eight hundred eighteen thousand 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:
Provided that, the difference between the total short-term borrowing raised during the financial year 2018 and the total settlement of short-term borrowing made during the financial year 2018
shall only be considered in deciding the volume of short-term borrowing for the purposes of calculating the borrowing made during the financial year 2018
as specified in this section.
The sum of rupees two thousand one hundred forty two billion seven hundred forty one million sixty three thousand referred to in subsection (1), may be expended as specified in the First Schedule to this Act.
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.
The estimated expenditure of the Government authorized by laws to be charged on the Consolidated Fund, will be rupees two thousand five billion one hundred three million seven hundred fifty five thousand for the service of the period beginning on January 1, 2018 and ending on
December 31, 2018. 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.