Tanzania Act or statute

Parliament of Tanzania

The Supplementary Appropriation (For Financial Year 2003/2004) Act, 2004

This section gives the Act’s short title and says it must be read together with the Appropriation Act 2003. Terms used in this Act are given the meanings set out in the Public Finance Act, 2001. T…

budget allocationbudget financingdefinitionsgovernment borrowingpublic finance

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01

Purpose and legislative effect

“This section gives the Act’s short title and says it must be read together with the Appropriation Act 2003.”

This section gives the Act’s short title and says it must be read together with the Appropriation Act 2003. Terms used in this Act are given the meanings set out in the Public Finance Act, 2001. The Treasury may issue and apply 87,250,000,000 shillings from the Consolidated Fund for the year ending 30 June 2004. The sum granted by section 3 must be used for the purposes and amounts listed in the Schedule. The Minister may borrow up to Shs 87,250,000,000 on specified terms, and the money must be repaid by 31 October 2004.

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Showing 5 of 5 provisions

Provision 4Short title
§ 1This Act may be cited as the Supplementary Appropriation (ForShort title

This section gives the Act’s short title and says it must be read together with the Appropriation Act 2003.

1. This Act may be cited as the Supplementary Appropriation (For Financial Year 2003/2004) Act, 2004 and shall be read as one with the Appropriation Act 2003. Short title (Act No. 13 o f 2003)
§ 2The expressions used in this Act shall have the meaningsProvision

Terms used in this Act are given the meanings set out in the Public Finance Act, 2001.

2. The expressions used in this Act shall have the meanings respectively ascribed thereto in the Public Finance Act, 2001. interpreta­ tion Act No 6. Of2001
§ 3The Treasury may issue out of the Consolidated Fund and applyProvision

The Treasury may issue and apply 87,250,000,000 shillings from the Consolidated Fund for the year ending 30 June 2004.

3. The Treasury may issue out of the Consolidated Fund and apply towards the supply granted for the service of the year ending on the thirtieth day of June, 2004, the sum of eighty seven billion, two hundred fifty million shillings. Issue of 87,250,000, 000 out o f Consoli­ dated Fund
§ 4The sum granted by section 3 shall be appropriated to the purposesProvision

The sum granted by section 3 must be used for the purposes and amounts listed in the Schedule.

4. The sum granted by section 3 shall be appropriated to the purposes and in the amounts specified in the second, third and fouth columns respectively of the Schedule to this Act. Appropria­ tion of moneys voted
§ 5( 1) The Minister may, at any time or times not later than the thirtiethProvision

The Minister may borrow up to Shs 87,250,000,000 on specified terms, and the money must be repaid by 31 October 2004.

5.-( 1) The Minister may, at any time or times not later than the thirtieth day of June, 2004, borrow within or outside the United Republic or partly within and partly outside the United Republic, any sum or sums not exceeding in the whole eighty seven billion, two hundred fifty million shillings by way of loan, Power o f the Minister to borrow 571 No. 5 Supplementary Appropriation (For Financial Year 2003/2004) 2004 advance, the issue of bills or bank overdraft and on such terms and conditions as the Minister may deem expedient, and may charge that loan or advance on any of the assets of the United Republic, including securities forming part of the Consolidated Fund. (2) Any money borrowed under this section shall be placed to the credit of the exchequer account and shall form part of the Consolidated Fund, and be available in any manner in which that Fund is available. (3) Any money borrowed under this section shall be subject to repayment not later than the thirty-first day of October, 2004 and any sum required for the repayment of any money so borrowed, and of any interest payable thereon shall be charged on and paid out of the Consolidated Fund. Vote No. (1) 43 58 62 Ambit (2) Ministry of Agriculture and Food Security Ministry of Energy and Minerals Ministry of Com­ munications and Transport SCHEDULE Recurrent Expenditure Shs. (3) Development Expenditure Shs. (4) Total Shs (5) 10,000,000,000 10,000,000,000 37,250,000,000 37,250,000,000 40,000,000,000 - 40,000,000,000 Total 87,250,000,000 - 87,250,000,000 Passed in the National Assembly on the 13th February, 2004. K ip e n k a M . M u s s a Clerk o f the National Assembly 572

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  • Schedule to this Act

    Section 4

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