Paragraph 111 Revenue and Expenditure

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 2 s. 96(1) substituted by Cayman Islands Constitution 2016 art. 3(1)
Sch. 2 s. 97(3) deleted by Cayman Islands Constitution 2016 art. 3(2)
Sch. 2 s. 106(1) words omitted by Cayman Islands Constitution 2016 art. 3(3)(a)
Sch. 2 s. 106(1A)(1B) inserted by Cayman Islands Constitution 2016 art. 3(3)(b)
Sch. 2 word substituted by Cayman Islands Constitution 2020 art. 3(1)
Sch. 2 s. 32(1) words substituted by Cayman Islands Constitution 2020 art. 4(2)
Sch. 2 s. 32(2)(c) omitted by Cayman Islands Constitution 2020 art. 4(3)
Sch. 2 s. 32(5)-(9) substituted for s. 32(5) by Cayman Islands Constitution 2020 art. 4(4)
Sch. 2 s. 44(1)(b) word substituted by Cayman Islands Constitution 2020 art. 5(2)
Sch. 2 s. 44(2) words inserted by Cayman Islands Constitution 2020 art. 5(3)
Sch. 2 s. 44(5) inserted by Cayman Islands Constitution 2020 art. 5(4)
Sch. 2 s. 48(5) inserted by Cayman Islands Constitution 2020 art. 6(2)
Sch. 2 s. 54A inserted by Cayman Islands Constitution 2020 art. 7
Sch. 2 s. 58(4) words substituted by Cayman Islands Constitution 2020 art. 8
Sch. 2 s. 58A 58B inserted by Cayman Islands Constitution 2020 art. 9
Sch. 2 s. 71(1) words omitted by Cayman Islands Constitution 2020 art. 10
Sch. 2 s. 77(2) substituted by Cayman Islands Constitution 2020 art. 11(2)
Sch. 2 s. 77(4)(5) inserted by Cayman Islands Constitution 2020 art. 11(3)
Sch. 2 s. 80 omitted by Cayman Islands Constitution 2020 art. 12
Sch. 2 s. 124(1) words omitted by Cayman Islands Constitution 2020 art. 13(2)
Sch. 2 s. 124(2)(a) substituted by Cayman Islands Constitution 2020 art. 13(3)
Sch. 2 s. 124(2)(c) substituted by Cayman Islands Constitution 2020 art. 13(4)
Sch. 2 s. 126 inserted by Cayman Islands Constitution 2020 art. 14

(1)

The Legislature shall have the authority to levy or change the rates of revenue unless otherwise provided by law.

(2)

All Government expenses, assets and the incurrence of liabilities shall require appropriation by the Legislature, unless otherwise provided by law.

(3)

A law enacted by the Legislature shall govern the operation of the Government’s financial system and processes.