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             ACTS OF GHANA

                                                                    

                     FOURTH   REPUBLIC

 

APPROPRIATION ACT, 2011                   ACT 827

  ACT

OF THE PARLIAMENT OF THE REPUBLIC OF GHANA

ENTITLED APPROPRIATION ACT, 2011

AN ACT to provide for the withdrawal of sums of money necessary to meet government expenditure for the 2012 financial year from the Consolidated Fund and from other funds and to provide for related matters.

DATE OF ASSENT:

DATE OF ASSENT:

PASSED by Parliament and assented to by the President:

Sum of money to be issued from the Consolidated Fund for 2012 Financial year

1. Pursuant to Article 179 (2) (a) of the Constitution a sum of money not exceeding Nine­teen Billion, Nine Hundred and Thirty-Five Million, Seven Hundred and Sixty-Seven Thou­sand, Three Hundred and Thirty-One Ghana Cedis, (GH˘19,935,767,331.00) shall be issued from the Consolidated Fund and other Funds during the Financial year commencing on the 1st day of January and ending on the 31st day of December, 2012 and shall be appropriated for the purposes specified in the First Schedule.

Internally Generated Fund

2. That the Ministries, Departments, and Agencies listed in the first column of the Second Schedule be permitted to retain and use an amount of One Billion, One Hundred and Forty Million, Nine Hundred Ninety Thousand Ghana Cedis (GH˘I,140,990,000.00) 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, 2012.

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

3. 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 and other Funds during the financial year ending on the 31st day of December, 2012 any sum not exceeding on the whole the sum of Nineteen Billion, Nine Hundred and Thirty­FIve Million, Seven Hundred and Sixty-Seven Thousand, Three Hundred and Thirty-One Ghana Cedis (GH˘19,935,767,331.00) referred to in Section 1 of this Act.

Commencement

4. This Act shall come into force on the 1st day of January, 2012.

Repeal

5. The Appropriation Act, 2010 is hereby repealed.

 

 

 

 

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