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Supplementary Appropriation (No 2) Act 2005-2006

SUPPLEMENTARY APPROPRIATION ACT (No. 2) 2005-2006

REPUBLIC OF NAURU

(No. 2 of 2006)

ARRANGEMENT OF SECTIONS

Section:

1. Short Title

2. Interpretation

3. Commencement and Expiry

4. Withdrawal of Monies from the Treasury Fund

Schedule

Supplementary Expenditure Authorised Under this Bill

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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: 15^th June 2006)

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

SHORT TITLE

l. This Act may be cited as the Supplementary Appropriation (No. 2) 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, One thousand and five and ending on the thirtieth day of June, One 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 subdivision of a head.

COMMENCEMENT AND EXPIRY

3. This Act shall come into force on the twelfth day of June, Two Thousand and Six 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4: (1) An additional sum not exceeding $181,400 may be withdrawn from the Treasury Fund and expended as authorised in the Schedule to this Act.

(2) The amounts in the Schedule to this Act are in addition to and not in substitution for the amounts authorised by the Appropriation Act 2005-2006 and the Supplementary Appropriation Act 2005-2006.

(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a further sum out of any surplus arising on any other subhead within the same Head, but so that the total amount withdrawn and expended does not exceed the amount authorised for that Head in the Schedule to this Act.

(4) Where the Cabinet authorises 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 Supplementary Appropriation (No. 2) Act 2005-2006, 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

15^th June 2006

Pursuant to Article 47 of the Constitution, I, VALDON K. DOWIYOGO, Speaker of Parliament, hereby certify that the Supplementary Appropriation (No. 2) Act 2005-2006, has been passed by Parliament of Nauru.

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Speaker

15^th June 2006

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