29A (1) Notwithstanding Sections 27 to 29 and the Appropriations Act, no public money may be expended in any fiscal year in excess of the expenditures for the immediately preceding fiscal year by more than the estimated percentage increase in the population of the Province and the increase in inflation for that year over the immediately preceding fiscal year.

(2) Subsection (1) does not apply

(a) to an expenditure required in the fiscal year because of a natural or other disaster in the Province that could not have been anticipated and that affects the Province or a region of the Province in a manner that is of urgent public concern; or

(b) if the Province has experienced negative growth in its gross domestic product in the two immediately preceding quarters.

54A The Minister shall not table Estimates in the House of Assembly that project a deficit for the Province for the fiscal year to which the Estimates relate.

 

---

This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2011 Crown in right of Nova Scotia. Created April 1, 2011. Send comments to legc.office@novascotia.ca.