Sri Lanka Consolidated Acts

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Provincial Councils Act (No. 42 of 1987) - Sect 25

Annual financial statement

25.
(1) The Governor of a Province shall in respect of every financial year, at least five months before the expiration of such financial year, cause to be laid before the Provincial Council of that Province, a statement of the estimated receipts and expenditure of the Province for that year, in this Part referred to as, the "annual financial statement ".
(2) The estimates of expenditure embodied in the annual financial statement shall show separately
(a) the sums required to meet other expenditure described by this Act as expenditure charged upon the Provincial Fund of the Province; and
(b) the sums required to meet other expenditure proposed to be made from the Provincial Fund of the Province,
(3) The following expenditure shall be expenditure charged on the Provincial Fund of the Province
(a) the emoluments and allowances of the Governor;
(b) the charges payable in respect of loans advanced in respect of the Province from the Consolidated Fund of Sri Lanka including interest, amortization payments, and other expenditure connected therewith;
(c) the salaries and allowances of the Chairman and the Deputy Chairman of the Provincial Council ;
(d) any sums required to satisfy any judgment, decree or award of any court or arbitral tribunal, entered against the provincial Council ;
(e) any other expenditure declared by the Constitution or by law made by Parliament, or by statute made by the Provincial Council, to be so charged.


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