XN000022-1995-03-08 — Page 53

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The purpose of this motion is to seek funds on account to enable the Government to carry on existing services between the start of the financial year on April 1, 1995 and the enactment of the Appropriation Bill. This follows the procedure long established in this Council.

We have determined the funds on account sought under each subhead in accordance with paragraph four of the resolution. by reference to percentages of the provision shown in the draft Estimates As the draft Estimates are changed from time to time, by the Finance Committee or under delegated powers. the provision to which the percentages are applied will also change. Thus the provision on account under each head is not constant but may vary, with every increase being matched by an equal decrease. The initial provision on account under each head is shown in the footnote to this speech. The aggregate total under all heads is fixed at $63,614,082,000 and cannot be exceeded without the approval of this Council

The resolution also enables the Financial Secretary to vary the funds on account in respect of any subhead. provided that these variations do not cause an excess over the amount of provision entered for that subhead in the draft Estimates or an excess over the amount of funds on account for the head

The Financial Secretary will issue a vote on account warrant to the Director of Accounting Services authorising him to make payments up to the amount specified in this motion and in accordance with its conditions. The vote on account will be subsumed upon the enactment of the Appropriation Bill, and the general warrant issued after the enactment of the Appropriation Bill will replace the vote on account warrant and will be effective from April 1, 1995

Mr President, I beg to move

End/Wednesday, March 8, 1995