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Appropriation Act 2005-2006

REPUBLIC OF NAURU

APPROPRIATION ACT 2005-2006

(No. 6 of 2005)
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ARRANGEMENT OF SECTIONS

Section

1. Short Title

2. Interpretation

3. Commencement and Expiry

4. Withdrawal of Monies From the Treasury Fund

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Schedule

Expenditure Authorised Under This Bill.

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APPROPRIATION ACT 2005-2006

(No. 6 of 2005)

A Bill
For
An Act

To provide for the withdrawal and expenditure of additional monies from the Treasury Fund to meet the expenditure of the Republic for the financial year ending on the thirtieth day of June, Two thousand and six.

(Certified: 28th September 2005)

BE IT ENACTED by the Parliament of Nauru as follows: -

SHORT TITLE

1. This Act may be cited as the Appropriation Act 2005-2006.

INTERPRETATION

2. In this Act: -

"the Treasury Fund" means the fund established under Article 58 of the Constitution of Nauru.

"the financial year" means the year commencing on the first day of July Two thousand and five and ending on the thirtieth day of June, Two thousand and six.

"head" means a department or division of the expenditure of the Republic listed in the Schedule to this Act.

"subhead" means a subdivisions of a head.

COMMENCEMENT AND EXPIRY

3. This Act shall come into force on the twenty-ninth day of September Two thousand and five and shall cease to have effect on the thirtieth day of June, Two thousand and six.

WITHDRAWAL OF MONIES FROM THE TREASURY FUND

4. (1) A sum not exceeding $18,412,916 may be withdrawn from the Treasury Fund and expended as authorized in the Schedule to this Act.

(2) The amounts in the Schedule to this Act are in substitution for and not in addition to the amounts authorized by the Supply Act 2005 and any other Acts providing an appropriation to the Government in 2005-06 that may be approved by Parliament before this Act comes into force.

(3) Where the Cabinet considers it necessary to increase the amount assigned in the estimates to a particular subhead within a head, the Cabinet may direct that there shall be applied to the aid of that subhead a further sum out of any surplus arising on any other subhead within the same head, but so that the total amount withdrawn and expended does not exceed the amount authorized for that head in the Schedule to this Act.

(4) Where the Cabinet authorizes a transfer of funds between subheads within a head in accordance with sub-section (2), it shall cause to be laid before the Parliament at the first meeting of the Parliament after it has approved the transfer, a copy of the order of the Cabinet approving such transfer.

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THE SCHEDULE

SCHEDULE OF EXPENDITURE

I hereby certify that the above is a fair print of a Bill for an Act entitled Appropriation Act 2005 – 2006 which has been passed by Parliament of Nauru and is now presented to the Speaker for his certificate under Article 47 of the Constitution

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Clerk of Parliament
28th September 2005

Pursuant to Article 47 of the Constitution, I, VALDON DOWIYOGO, Speaker of Parliament hereby certify that the Appropriation Act 2005 – 2006 has been passed by Parliament of Nauru

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Speaker
28th September 2005

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