Revised Laws of Saint Lucia (2022)

29.   Advance warrant

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    (1)   Subject to this section, the Minister may, by advance warrant under his or her hand, authorise the Accountant General to make disbursements of monies forming part of the Consolidated Fund or of other public monies for the purpose of making advances—

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      (a)     on behalf of, and recoverable from, other Governments and organisations;

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      (b)     to, or on account of, trusts and other funds administered by the Government;

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      (c)     to, or on behalf of, public bodies, institutions, accounting officers or other individuals where those advances are, in the opinion of the Minister, in the public interest and are recoverable within a period not exceeding 12 months after the close of the financial year in which those advances are made;

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      (d)     to public officers for any purposes and on terms as may be determined; or

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      (e)     for the purpose of expenditure authorised by an enactment which permits the raising of loans in anticipation of raising such a loan.

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    (2)   The total of the sums issued and disbursed for the purpose of making advances under subsections (1)(c) and (1)(d) shall not exceed in the aggregate at any time, after deducting repayments, 2% of the recurrent revenue for the previous financial year.