Arbitration Act (Cap. 387), article 13

13. (1) The Minister may, after consultation with the Centre and with any other person or authority and with the concurrence of the Minister responsible for finance, indicate in writing to th e Centre the amount of government contribution to be made to the Centre and to be included in its estimates for the next financi al period. The indication made by the Minister as aforesaid shall be attached to the estimates of the Centre to be forwarded to the Minister. (2) Upon the approval of the estimates with or without amendments as provided in this Act, the sum approved in the estimates as the government contribution shall be paid to the C entre out of the Consolidated Fund without any further authority othe r than this Act. ARBITRATION [CAP. 387. 7 (3) Notwithstanding the provisions of subarticles (1) and (2) the government contribution for the first financial period of t he Centre shall be of a sum of four hundred and sixty-five thousan d and eight hundred and seventy-four euro and sixty-eight cents (465,874.68)and such sum shall be paid to the Centre out of the Consolidated Fund without any further authority other than this subarticle. (4) Any excess of revenue over the expenditure of the Centre shall, subject to such directives as the Minister, after consul tation with the Minister responsible for finance, may from time to tim e give, be applied by the Centre to the formation of reserve fund s to be used for the purposes of the Centre; and, without prejudice to the generality of the powers given to the Minister by this subartic le, any direction given by the Minister as aforesaid may order the transfer to the Government, or the application in such manner a s may be specified in the direction, of any part of such revenues . PART IV Domestic Arbitration Domestic arbitration. Amended by: XVIII.1999.8.