All parliamentary appearances
Entries 3721 to 3730 of 4248.
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13 Feb 2019 in Senate:
Financial year
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13 Feb 2019 in Senate:
13Q. The financial year of the Authority shall be the period of twelve months ending on the thirtieth June each year.
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13 Feb 2019 in Senate:
Annual estimates. 13R. (1) At least three months before the commencement of each financial year, the Board shall cause to be prepared estimates of the revenue and expenditure of the Authority for that year.
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13 Feb 2019 in Senate:
(2) The annual estimates shall make provision for all estimated expenditure of the Authority for the financial year concerned. (3) The annual estimates shall be approved by the Board before the commencement of the financial year to which they relate and shall be submitted to the Cabinet Secretary for approval.
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13 Feb 2019 in Senate:
Annual report. 13S. The Board shall, within a period of three months after the end of each financial year, submit –
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13 Feb 2019 in Senate:
(a) to the Auditor-General, the accounts of the Authority in respect of that year together with — (i) a statement of the income and expenditure of the Authority during that year; and (ii) a statement of the assets and liabilities of the Authority on the last day of that financial year; and (b) to the Cabinet Secretary, an annual report in respect of that year containing- (i) the accounts of the Authority and statements referred to under paragraph (a); (ii) the Authority’s performance indicators and any other related information; (iii) a report on the operations of the Authority during that ...
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13 Feb 2019 in Senate:
Accounts and audit
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13 Feb 2019 in Senate:
13T. (1) The Authority shall keep or cause to be kept proper books of audit in which shall be recorded all the income and liabilities, expenditure, assets, undertakings, funds, activities, contracts, transactions and any other business of the Authority.
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13 Feb 2019 in Senate:
(2) The Authority shall ensure that all moneys received are properly brought to account, all payments out of its funds are properly made and authorized and that adequate control
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13 Feb 2019 in Senate:
is maintained over its assets and liabilities in accordance with this Act and any other written law. (3) Within a period of three months after the end of each financial year, the Authority shall prepare annual financial statements in accordance with the provisions of section 81 of the Public Finance
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