ACT AN ACT to introduce the Public Finance Management Act, to regulate financial management in Government, to ensure the effective and efficient management of all assets and liabilities, cash flow, an

Article 80. See Act XXI of 2019.

PUBLIC FINANCE MANAGEMENT 80*. In so far as consistent with the generality of the provisions contained in this Act, nothing hereunder shall prejudice, or be held or construed as prejudicing, the validity of any act done, or exempt any one from doing anything omitted to be done, or any vested rights arising under any law repealed by this Act, or any regulation, directive, order or rule made thereunder: Transitory provisions. Provided that the effect of any such act or omission shall continue, on the coming into force of this Act as if done hereunder: Provided further that any reference in any law to the Financial Administration and Audit Actor to any regulation, directive, order or rule made thereunder shall be deemed to be a reference to this Act or any other law which may from time to time amend, supplement or substitute it. 81†. In case of any conflict between the Maltese and the English texts of this Act, the English text shall prevail. Language. SCHEDULE [Article 13] Rules for the Operation of the Contingencies Fund

1. Advances from the Contingencies Fund shall be made on the authority of a warrant under the hand of the Minister.
2. The amount for which any warrant is issued shall be withdrawn from the Contingencies Fund and shall be paid into the Consolidated Fund to meet the expenditure specified on the warrant and the moneys remaining available in the fund shall be reduced accordingly. Any amounts withdrawn and remaining unspent at the end of the year shall accrue to the Consolidated Fund.
3. Each warrant authorising the issue of a sum from the fund shall specify under which head or heads of the estimates the expenditure of the sum issued shall be recorded and such expenditure shall be accounted for in the same manner as if it had been authorised by a supplementary Appropriation Act.
4. All withdrawals from the fund shall be included in a supplementary estimate and an Appropriation Bill shall be introduced in the House as soon as possible for the purpose of appropriating from the Consolidated Fund to the Contingencies Fund a sum equal to the total of the sums *

Article 81. See Act XXI of 2019.

†

Article 82. See Act XXI of 2019.

PUBLIC FINANCE MANAGEMENT withdrawn and not already made good by previous appropriations from the Consolidated Fund so that the Contingencies Fund shall be restored to the amount appropriate under article

2. No moneys shall accrue to the fund other than moneys appropriated by an Act and any interest or other accruals which might otherwise be received by the fund shall accrue to the Consolidated Fund.