Paragraph 113 Withdrawal from Consolidated Fund or other public funds
United Kingdom
No moneys shall be withdrawn from the Consolidated Fund except—
to meet expenditure charged on the Fund by this Constitution or by F1a law enacted by the Legislature; or
where the issue of those moneys has been authorised by an F2appropriation law enacted by the Legislature, a supplementary appropriation law enacted by the Legislature, or as provided in subsection (3).
No moneys shall be withdrawn from any public fund of the Islands other than the Consolidated Fund unless the issue of those moneys has been authorised by law.
If the Minister of Finance is satisfied that the F3appropriation law enacted by the Legislature in respect of any financial year will not or has not come into force by the beginning of that financial year, that Minister may, if so authorised by the F4Parliament by resolution and subject to subsection (4), authorise the issue of moneys from the Consolidated Fund for the purpose of meeting expenditure necessary to carry on the services of the Government until the expiration of four months from the beginning of that financial year or the coming into force of the appropriation law enacted by the Legislature, whichever is the earlier.
Any sum issued in any financial year from the Consolidated Fund under subsection (3) in respect of any ongoing service of the Government—
shall not exceed one third of the amount approved for that service in an appropriation law enacted by the Legislature or a supplementary appropriation law enacted by the Legislature for the previous financial year; and
shall be set off against the amount provided in respect of that service in the appropriation law enacted by the Legislature for that financial year when F5that law comes into force.
Annotations
Textual amendments
- F1
Words in Sch. 2 substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 7(1) (with arts. 4, 7(9))
- F2
Words in Sch. 2 s. 113(1)(b) substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 7(3) (with art. 4)
- F3
Words in Sch. 2 ss. 113(3), (4) substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 7(3) (with art. 4)
- F4
Word in Sch. 2 substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 8(1) (with arts. 4, 8(2))
- F5
Words in Sch. 2 s. 113(4)(b) substituted (coming into force in accordance with art. 1(3) of the amending S.I.) by The Turks and Caicos Islands Constitution (Amendment) Order 2024 (S.I. 2024/1128), art. 7(4) (with art. 4)