1st Session, 42nd Parliament (2020–2021)

FIRST READING

The following electronic version is for informational purposes only.

The printed version remains the official version.

HONOURABLE SELINA ROBINSON

MINISTER OF FINANCE

BILL 10 – 2021

SUPPLY ACT (No. 1), 2021

Preamble

WHEREAS it appears by Message from the Honourable the Lieutenant Governor that provision is required to defray certain expenses of the public service of the Province, and for other purposes connected with the public service, for the fiscal year ending March 31, 2022;

AND

WHEREAS that provision is required before the main Estimates for the fiscal year ending March 31, 2022 are presented to the Legislative Assembly;

THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:

Interpretation

(1) In this Act, "main Estimates for the previous fiscal year" means the main Estimates for the fiscal year ending March 31, 2021, as laid before the Legislative Assembly at the fifth session of the forty-first Parliament.

(2) For the purposes of this Act, the main Estimates for the previous fiscal year are to be read as if they were the main Estimates for the fiscal year ending March 31, 2022.

(3) Despite

section 2 of the Financial Administration Act , a reference in

section 23 of that Act is to be read in relation to this Act as a reference to the main Estimates for the previous fiscal year.

Voted expenses appropriation

From and out of the consolidated revenue fund there may be paid and applied in the manner and at the times the government may determine the sum of $12 305 108 000 towards defraying the charges and expenses of the public service of the Province for the fiscal year ending March 31, 2022.

Voted financing transactions appropriation

From and out of the consolidated revenue fund there may be paid and applied in the manner and at the times the government may determine the sum of $365 162 000 towards

(

a) capital expenditures referred to in

Schedule C of the main Estimates for the previous fiscal year, and

(

b) the disbursements for loans, investments and other requirements referred to in

Schedule D of the main Estimates for the previous fiscal year.

Voted revenue transfers appropriation

From and out of the consolidated revenue fund there may be paid and applied in the manner and at the times the government may determine the sum of $722 125 000 for disbursements referred to in

Schedule E of the main Estimates for the previous fiscal year.

Commencement

This Act comes into force on the date of Royal Assent.

Copyright (

c) Queen's Printer, Victoria, British Columbia, Canada