Section 7Part 2 — Cayman Islands Parliament - Appropriation
Appropriations required for various transactions
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7. Except as provided in sections 11, 12 and 13 —
no executive expenses may be incurred;
no executive assets may be acquired or created, or loan made, by the Cabinet;
no equity investment may be made by the Cabinet; and
no borrowing may be undertaken by the Cabinet, unless authorised by an appropriation.