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Statutes of Newfoundland 1997
AN ACT FOR GRANTING TO HER MAJESTY CERTAIN SUMS OF MONEY FOR DEFRAYING CERTAIN EXPENSES OF THE PUBLIC SERVICE FOR THE FINANCIAL YEAR ENDING MARCH 31, 1998 AND FOR OTHER PURPOSES RELATING TO THE PUBLIC SERVICE
(Assented to May 20, 1997)
1. Short title
2. Further supply
3. Effect of authorization
4. Transfers of funds
MAY IT PLEASE YOUR MAJESTY-
WHEREAS it appears that the sums mentioned are required to defray certain expenses of the Public Service of Newfoundland for the financial year ending March 31, 1998 and for other purposes relating to the public service:
MAY IT THEREFORE PLEASE YOUR MAJESTY THAT-
Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:
1. This Act may be cited as the Supply Act, 1997.
Further supply 1997-98
2. From and out of the Consolidated Revenue Fund there may be issued by the Minister of Finance sums not exceeding $1,801,088,200 in addition to the sum of $1,019,465,700 authorized by the Interim Supply Act, 1997, the aggregate of the sums authorized to be issued under this Act and the Interim Supply Act, 1997 being $2,820,553,900.
Effect of authorization
3. The sums authorized to be issued by this Act as set out in the Schedule shall be paid and applied by the several heads of expenditure in respect of the financial year extending from April 1, 1997 to March 31, 1998 towards defraying the charges and expenses of the Public Service of Newfoundland as set out in the Schedule.
Transfers of funds
4. (1) Notwithstanding the Financial Administration Act, the Treasury Board may by order transfer sums voted within one Head of Expenditure to another Head of Expenditure during the financial year ending March 31, 1998, to facilitate expenditures for Information Technology Initiatives voted within Executive Council, and for Development of Infrastructure - Offshore Fund (Capital) voted within the Department of Mines and Energy.
(2) Notwithstanding the Financial Administration Act, the Lieutenant-Governor in Council may
(a) where an expenditure has not been foreseen and not provided for by the Legislature; or
(b) where the revenues actually received by the province fall below those projected by the government,
transfer sums voted in Contingency Reserve to another Head of Expenditure during the financial year ending March 31, 1998.
(3) No expenditures shall be charged directly against the contingency reserve fund.
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