Jump to content

Appropriation Act, 2022 (Act 1090): Difference between revisions

From The Legal and Regulatory Framework of Ghana
No edit summary
Line 26: Line 26:


===='''Retained Internally Generated Funds'''====
===='''Retained Internally Generated Funds'''====
'''2.'''' The Ministries, Departments, and Agencies listed in the first column of the Second Schedule may retain and use an amount of Ten Billion, Six Hundred and Twenty-Seven Million, Six Hundred and Fifteen Thousand, Two Hundred and Sixty-Eight Ghana Cedis '''(GH¢10,627,615,268)''' indicated in the second column of the Second Schedule being a part of the total amount specified in section 1 during the financial year commencing on the 1st day of January, 2023 and ending on the 3pt day of December, 2023.
'''2.''' The Ministries, Departments, and Agencies listed in the first column of the Second Schedule may retain and use an amount of Ten Billion, Six Hundred and Twenty-Seven Million, Six Hundred and Fifteen Thousand, Two Hundred and Sixty-Eight Ghana Cedis '''(GH¢10,627,615,268)''' indicated in the second column of the Second Schedule being a part of the total amount specified in section 1 during the financial year commencing on the 1st day of January, 2023 and ending on the 3pt day of December, 2023.


===='''Payment of money on authorisation of Minister responsible for Finance'''====
===='''Payment of money on authorisation of Minister responsible for Finance'''====
'''3.'''' The Controller and Accountant-General may, on a warrant issued on the authority of the Minister responsible for Finance, pay out of the Consolidated Fund and other public funds during the financial year ending on the 31st day of December, 2023 any sum not exceeding the sum of Two Hundred and Twenty-Seven Billion, Seven Hundred and Twenty-One Million,
'''3.''' The Controller and Accountant-General may, on a warrant issued on the authority of the Minister responsible for Finance, pay out of the Consolidated Fund and other public funds during the financial year ending on the 31st day of December, 2023 any sum not exceeding the sum of Two Hundred and Twenty-Seven Billion, Seven Hundred and Twenty-One Million,
One Hundred and Eighty-Two Thousand, Nine Hundred and Fifty-Eight Ghana Cedis (GH¢227,721,182,958) referred to in section 1.
One Hundred and Eighty-Two Thousand, Nine Hundred and Fifty-Eight Ghana Cedis (GH¢227,721,182,958) referred to in section 1.



Revision as of 19:14, 19 May 2024

ARRANGEMENT OF SECTION

1. Sum of Money to be issued from the Consolidated Fund for 2023 financial year
2. Retained Internally Generated Funds
3. Payment of money on authorisation of Minister responsible for Finance
4. Repeal
5. Commencement
SCHEDULES
FIRST SCHEDULE: Sum of Money to be Issued from the Consolidated Fund for the 2023 Financial Year
SECOND SCHEDULE: Retained Internally Generated Funds Breakdown
THIRD SCHEDULE: Summary of Expenditure by Ministries, Departments and Agencies, Economic Item and Funding
FOURTH SCHEDULE: Summary of Expenditure by Programme, Economic Item and Funding

PURPOSE

AN ACT to provide for the withdrawal of sums of money necessary to meet Government expenditure for the 2023 financial year from the Consolidated Fund and other public funds and for related matters.

DATE OF ASSENT

29th December, 2022.

ACT

Sum of money to be issued from the Consolidated Fund for 2023 financial year

1. Pursuant to paragraph (a) of clause (2) of article 1 79 of the Constitution, a sum of money not exceeding Two Hundred and Twenty-Seven Billion, Seven Hundred and Twenty-One Million, One Hundred and Eighty-Two Thousand, Nine Hundred and Fifty-Eight Ghana Cedis (GH¢227,721,182,958) shall be issued from the Consolidated Fund and other public funds during the financial year commencing on the 1st day of January, 2023 and ending on the 31st day of December, 2023 and shall be appropriated for the purposes specified in the First Schedule, which translates into the Third and Fourth Schedules representing Ministries, Departments and Agencies and Other Government Obligations with their programmes.

Retained Internally Generated Funds

2. The Ministries, Departments, and Agencies listed in the first column of the Second Schedule may retain and use an amount of Ten Billion, Six Hundred and Twenty-Seven Million, Six Hundred and Fifteen Thousand, Two Hundred and Sixty-Eight Ghana Cedis (GH¢10,627,615,268) indicated in the second column of the Second Schedule being a part of the total amount specified in section 1 during the financial year commencing on the 1st day of January, 2023 and ending on the 3pt day of December, 2023.

Payment of money on authorisation of Minister responsible for Finance

3. The Controller and Accountant-General may, on a warrant issued on the authority of the Minister responsible for Finance, pay out of the Consolidated Fund and other public funds during the financial year ending on the 31st day of December, 2023 any sum not exceeding the sum of Two Hundred and Twenty-Seven Billion, Seven Hundred and Twenty-One Million, One Hundred and Eighty-Two Thousand, Nine Hundred and Fifty-Eight Ghana Cedis (GH¢227,721,182,958) referred to in section 1.

Repeal

4. The Appropriation (No. 2) Act, 2021 (Act 1074) is repealed.

Commencement

5. This Act shall come into force on the 1st day of January, 2023.