The Budgetary Fund created by virtue of §§ 283 et seq. of this title, better known as the “Government of Puerto Rico Accounting Act”, may only be used to cover appropriations for duly approved expenses, as provided in this chapter, on any fiscal year in which the available revenues are not sufficient. As provided in this chapter, the appropriations of funds from the Budgetary Fund to cover expenses of any agency of the Government of the Commonwealth of Puerto Rico in excess of what has been appropriated in the General Budget of Expenses is hereby prohibited, unless a law or joint resolution providing otherwise is approved.
The Emergency Fund, created by virtue of §§ 457 et seq. of this title, may not be used to cover recurring operating expenses, except as provided for by joint resolution.
History —May 25, 2006, No. 103, § 11, eff. July 1, 2006.