Sri Lanka Consolidated Acts

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Appropriation Act (No. 45 of 1986) - Sect 5

Power to transfer unexpended moneys allocated to recurrent expenditure to another allocation within the same programme of to another Programme under the same Head or 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 other officer authorized 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 allocation.


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