(1) The Minister may, in the case of an urgent or unforeseen need for expenditure, by a Contingencies Fund Warrant and in anticipation of the grant of an appropriation by the House of Assembly, authorize an advance from the Contingencies Fund where —
(a) no monies have been appropriated or for which the sum appropriated is insufficient;
(b) funds cannot be reallocated as provided for under section 43;
(c) public monies cannot be deferred without serious detriment to the public service.
(2) The total of the sums authorized under subsection (1) to be advanced from the Contingencies Fund shall not exceed the total sum authorized under section 17.
(3) Where an advance is made from the Contingencies Fund under this section a Supplementary Estimate of the sum required for the service for which such advance was made shall be laid before the House of Assembly as soon as possible but in any event not later than 4 months from the date on which the Contingencies Fund Warrant was issued and shall be included in a Supplementary Appropriation Bill for appropriation.
(4) On the grant of an appropriation to meet the expenditure in respect of which an advance is made under this section, the Contingencies Fund Warrant authorizing that advance lapses and ceases to have effect and the advance is deemed to have been made for the purpose of the appropriation and shall be accounted for in the prescribed manner.