2.
| (1) Without prejudice to any other law authorizing any expenditure, the expenditure of the Government, which it is estimated will be rupees three thousand seven hundred and thirty-nine million nine hundred and thirty-one thousand three hundred and forty-seven for the service of the financial year beginning on October 1, 1970, and ending on September 30, 1971, shall be met
| | (a) from payments which are hereby authorized to be made out of the Consolidated Fund of Ceylon, or any other fund or moneys of, or at the disposal of, the Government; and | | |
| | (b) from the proceeds of loans which are hereby authorized to be raised, whether in or outside Ceylon, for and on behalf of the Government, so however, that the aggregate of such proceeds does not exceed rupees one thousand seven hundred million. The sum of rupees three thousand seven hundred and thirty-nine million nine hundred and thirty-one thousand three hundred and forty-seven hereinbefore referred to may be expended as specified in the First Schedule to this Act. | | |
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| (2) The provisions of sub-section (1) of this section shall have effect without prejudice to the provisions of any other written law authorizing the raising of loans for and on behalf of the Government. |
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| (3) The provisions of this section shall be deemed, for all purposes, to have come into force on October 1, 1970, and accordingly, but without prejudice to the generality of the preceding provisions of this section, any loan raised under the Registered Stock and Securities Ordinance on or after that date shall be deemed to have been so raised under the authority of this section. |
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Sri Lanka Consolidated Acts