Section B – The Financial Framework - Government Accounting

Department of Finance, or another
member of the Government acting on his
or her behalf.’
(ii)A section in the Finance Act
B4 – The Budget
(iii)Other legislation
Charges, which may be treated as tax revenue, may
also be imposed by legislation other than the
Finance Act. The Finance Accounts detail receipts
of taxes imposed through such legislation.
Finance Act
11.The annual Finance Act gives statutory effect to the taxation
measures announced in the Budget and to other miscellaneous
financial provisions. As indicated above, if there are Financial
Resolutions under the 1927 Provisional Collection of Taxes Act
in the Budget, the Second Stage of the Finance Bill must be
passed in Dáil Éireann within 84 days of Budget Day and the
Bill must be signed by the President within 4 months of Budget
Day.
12.In the event of a Supplementary Budget during the year which
contains taxation changes, a second Finance Act is required.
Other Statutory Funds/Accounts
13.From time to time, funds have been established by statute to
enable the State to administer moneys on behalf of private
citizens or bodies. There are also Government services for
which the normal system of ‘Supply’ and ‘Appropriation’ is not
possible or is inappropriate. For example, the funds to be used
for the operation of the service may come mainly from sources
other than the Central Fund. In such a case, the Oireachtas may
establish a statutory fund to finance the service, place
responsibility for its operation on a Department or other body,
and indicate the manner of operation.
PFP 11/08