Appropriation Act 2020 · As enacted
2. Appropriation for financial year 2020
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 anything in any other written law authorizing any expenditure and subject to the provisions of subsection (4) of this section, the expenditure of the Government which is estimated to be rupees two thousand seven hundred eighteen billion twenty two million for the service of the period beginning on January 1, 2020 and ending on December 31, 2020 (in this Act referred to as the “financial year 2020”), 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 2020
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 2020 or at the end of the financial year 2020
shall not exceed rupees two thousand eight hundred thirty 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:
Provided that, the difference between the total short-term borrowing raised during the financial year 2020 and the total settlement of short-term borrowing made during the financial year 2020
shall only be considered in deciding the volume of short-term borrowing for the purposes of calculating the borrowing made during the financial year 2020
as specified in this section.
The sum of rupees two thousand seven hundred eighteen billion twenty two million 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, shall be rupees two thousand billion one hundred thirty three million for the service of the period beginning on January 1,
2020 and ending on December 31, 2020. 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.