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S.M. 2007, c. 1
Bill 2, 1st Session, 39th Legislature
The Interim Appropriation Act, 2007
|Table of Contents|
(Assented to June 14, 2007)
HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:
The following definitions apply in this Act.
"appropriation" means a sum to be voted for operating expenditure or capital investment as set out in the Estimates. (« crédit »)
"Estimates" means the Manitoba Estimates of Expenditure for the 2007-08 fiscal year as tabled in the Assembly. (« budget »)
"2007-08 fiscal year" means the period beginning April 1, 2007, and ending March 31, 2008. (« exercice 2007-2008 »)
For the 2007-08 fiscal year, up to $5,401,597,200. — which is 60% of the total appropriations set out in Part A of the Estimates — may be paid out of the Consolidated Fund and applied to operating expenditures of the public service according to those appropriations.
For the 2007-08 fiscal year, up to $446,482,050. — which is 75% of the total appropriations set out in Part B of the Estimates — may be paid out of the Consolidated Fund and applied to capital investments according to those appropriations.
The expenditure authority provided by this section subsumes the expenditure authority provided for in the special warrant issued pursuant to Order in Council 106/2007.
An operating expenditure or capital investment authorized by this Act may be made by the Crown through any government department that, during the 2007-08 fiscal year, has become responsible for the program or activity that includes that expenditure or investment.
Up to $2,500,000. may be paid out of the Consolidated Fund in the 2007-08 fiscal year for the purpose of developing or acquiring inventory to be disposed of in a subsequent year.
Up to $7,000,000. may be paid out of the Consolidated Fund in the 2007-08 fiscal year for the purpose of reducing or eliminating a long-term liability previously accrued under section 66 of The Financial Administration Act.
The commitments made in the 2007-08 fiscal year under section 45 of The Financial Administration Act to ensure completion of projects or contracts initiated in the year must not exceed $250,000,000.
This Act comes into force on the day it receives royal assent.