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             ACTS OF GHANA

                                                                    

                     FOURTH   REPUBLIC

                         

                                                                                                ACT 790

                               ACT

                OF THE PARLIAMENT OF THE REPUBLIC OF GHANA

ENTITLED

APPROPRIATION ACT, 2010

AN ACT to provide for the withdrawal of sums of money necessary to meet government expenditure for the 2010 financial year from the Consolidated Fund and from other funds and to provide for related matters.

DATE OF ASSENT: 31st December, 2009.

ENACTED by the President and Parliament:

Sum of money to be issued from the Consolidated Fund for 2010 Financial year

I. Pursuant to Article 179 (2) (a) of the Constitution a sum of money not exceeding Twelve Billion, One Hundred and Thirty One Million, Three Hundred and Thirteen Thousand, Six Hundred and Sixty-Eight Ghana Cedis, (GH¢12,131,313,668.00) shall be issued from the Consolidated Fund during the Financial year commencing on the 1st day of January and ending on the 31st day of December, 2010 and shall be appropriated for the purposes specified in the First Schedule.

Internally Generated Fund

2. The Ministries, Departments, and Agencies listed in the first column of the Second Schedule be permitted to retain and use an amount of Five Hundred and Ninety-Five Million, Seven Hundred Thousand Ghana Cedis (GH¢595,700,000.00) indicated in the second column of the Second Schedule being a part of the total amount specified in section 1 of this Act during the Financial year commencing on the 1st day of January and ending on the 31st day of December, 2010.

Highly Indebted Poor Country Fund

3. A sum of money not exceeding Two Hundred and Nine Million, Three Hundred and Twelve Thousand Ghana Cedis (GH¢209,312,000.00) of HI PC allocation, being a part of the expenditure specified in this Act, shalibe utilised during the Financial year commencing on the 1st day of January and ending on the 31st day of December, 2010.

Multilateral Debt Relief Initiative

4. A sum of money not exceeding One Hundred and Three Million, Eight Hundred and Thirty-Four Thousand, Five Hundred Ghana Cedis (GH¢103,834,500.00) of Multilateral Debt Relief Initiative, being part of the total amount specified in section 1 of this Act shall be utilised during the Financial year commencing on the 1st January and ending on the 31st day of December, 2010.

 

Payment of money on authorization of Minister for Finance and Economic Planning

5. The Controller and the Accountant-General may, on a warrant issued on the authority of the Minister responsible for Finance and Economic Planning, payout of the Consolidated Fund during the financial year ending on the 31st day of December, 2010 any sum not exceed­ing on the whole the~ sum of Twelve Billion1 One Hundred and Thirty One Million, Three Hundred and Thirteen Thousand, Six Hundred and Sixty-Eight Ghana Cedis, (GH¢12,131,313,668.00) referred to in section 1 of this Act.

Commencement

6. This Act shall come into force on the 1st day of January, 2010:

Repeal-

7. The Appropriation Act, 2009 (Act 783) is repealed.

 

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