அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
(1)
A supplementary estimate proposal shall be submitted to the Parliament for approval in the manner as may be prescribed upon the occurrence of the following conditions: -
(a)
unforeseen and unavoidable circumstances such as major economic downturn, severe external shocks, natural disaster, emergence of major contingent liabilities or any such other eventuality in the opinion of the Cabinet of Ministers;
(b)
it becomes necessary for a budgetary entity to incur additional expenditure during a year that is not covered by the Head of Expenditure in the
Appropriation Act approved by the Parliament; and
(c)
it is not possible for such expenditure to be provided through –
(i)
a virement procedure as provided for in section 24;
(ii)
the Contingencies Fund established under
Article 151 of the Constitution; or
(iii)
an allocation from the annual budget reserve as provided for in section 25.
(2)
The supplementary estimate proposal under subsection (1) shall include -
(a)
an overview of the recent macroeconomic and fiscal developments;
(b)
an updated forecasts of revenues and expenditures of the annual budget;
(c)
an explanation of the changes to appropriations for individual Heads of Expenditure; and
(d)
the source of additional financing and any other information as may be prescribed.
(3)
The request for additional expenditure under subsection (1) shall be approved by the Cabinet of Ministers prior to submitting it to Parliament.