No. 40 of 2004 - Appropriation Act 2004
What does this law do?
This is an annual law which gives statutory authority for the amounts voted by Dáil Eireann during the year in original, additional or supplementary estimates. It is passed by the Dáil when consideration of all Departmental Estimates (including Supplementary Estimates) has been finalised. It is usually the last item of legislative business of the year.
The 2004 Act also provides for the capital carryover from 2004 to 2005. A 5-year multi-annual capital investment framework was introduced in Budget 2004. Among other things the framework provided that capital savings in one year - up to a maximum of 10 per cent of the voted allocation - could be carried forward to the following year. The statutory authority for this was introduced in the Finance Act 2004 and it specified that the amounts (by vote) be included in the annual Apprpriation Act.
The Act includes a technical provision to allow for deferment of the end of year deadline for the Financial Resolutions passed on Budget night. This has been included each year since the Budget moved from January to December.
Contact Department: Department of Finance
Signed by the President on: 17.12.04
Full version of Appropriation Act 2004 on Oireachtas website