Sri Lanka Consolidated Acts

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Appropriation Act (No. 15 of 2004) - Sect 5

Power to transfer unexpended moneys allocated to Recurrent Expenditure another allocation within the same Programme or to another Programme under the same Head of expenditure

5.
(1) Any moneys which, by virtue of the provisions of the First Schedule to this Act, have been allocated to Recurrent Expenditure under any Programme appearing under any Head specified in that Schedule, but have not been expended or are not likely to be expended, may be transferred to the allocation of Capital Expenditure within that Programme, or to the allocation of Recurrent Expenditure or Capital Expenditure under any other Programme within that Head by order of the Secretary to the Treasury or any officer authorised by him.
(2) No moneys allocated to Capital Expenditure under any Programme appearing under any Head specified in the First Schedule to this Act shall be transferred out of that Programme or to any allocation of Recurrent Expenditure of that Programme.
(3) Subject to the provisions of subsection (2), any money allocated to Recurrent or Capital Expenditure under the "Public Resources Management" Programme appearing under the Head "Department of National Budget" specified in the First Schedule may he transferred to any other Programme under any other Head in the Schedule by order of the Secretary to the Treasury or any officer authorised by him. The money so transferred shall be deemed to have-been covered by a supplementary estimate submitted by the appropriate Minister.

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