Appropriation Act 2020 · As enacted
2. Appropriation for financial year, 2021
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 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 eight hundred eighteen billion three hundred ninety million for the service of the period beginning on January 1, 2021
and ending on December 31, 2021 (in this Act referred to as the “financial year 2021”), 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 2021
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 2021 or at the end of the financial year 2021
shall not exceed rupees two thousand nine hundred ninety seven 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 2021 and the total settlement of short-term borrowing made during the financial year 2021
shall only be considered in deciding the volume of short-term borrowing for the purposes of calculating the borrowing made during the financial year 2021
as specified in this section.
The sum of rupees two thousand eight hundred eighteen billion three hundred ninety 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 two hundred twenty eight billion one hundred forty eight million for the service of the period beginning on January 1, 2021 and ending on
December 31, 2021. 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.