2010 ED] CONSTITUTION OF THE REPUBLIC OF SEYCHELLES [CAP 167
“financial year” means any period of twelve months
beginning on 1st January in any year or any other date as
may be prescribed by or under an Act;
“Minister” means the Minister responsible for finance
and includes the Vice-President where the VicePresident is responsible for the Ministry or department
of finance.
155. Where the Appropriation Act in respect of any financial
year has not come into operation by the beginning of the
financial year, the National Assembly by resolution may
authorise the withdrawal of moneys from Consolidated Fund
for the purpose of meeting expenditure necessary to carry on
the service of the Government until the expiration of four
months from the beginning of the financial year or the coming
into operation of that Appropriation Act, whichever is the
earlier.
156.(1) Provision may be made in an Act for the
establishment of a Contingencies Fund and for authorizing the
Minister, if the Minister is satisfied that there is an urgent and
unforeseen need for expenditure for which no other provision
exists, to make advances from that Fund to meet that need.
(2) Where any advance is made from the Contingencies
Fund, a supplementary estimate shall, as soon as is
practicable, be laid before the National Assembly for the
purpose of authorizing the replacement of the amount so
advanced.
(3) An Act may provide for establishment of other funds
for any purpose specified in the Act.
157.(1) Subject to this article, no taxation shall be imposed or
altered except by or under an Act.
(2) An Act may make provision under which the
President or a Minister may by order provide that on or after
the publication of a Bill, being a Bill approved by the
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3/14/1996
Authorisation of
expenditure in
advance of
appropriation
Contingencies
Fund and
other funds