27 Jun 2012 in National Assembly:
Madam Temporary Deputy Chairlady, again, this is a clean-up. It is just showing that before bank accounts are opened, authority is required from the National Treasury.
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27 Jun 2012 in National Assembly:
Madam Temporary Deputy Chairlady, I beg to move:-
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27 Jun 2012 in National Assembly:
THAT, Clause 29(2) of the Bill is amended by inserting the words “and forecasts” in between the words “plan” and “to” so as to read as follows:- 29(2)“Every national government entity other than a state corporation, shall submit an annual cash plan and forecast to-
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27 Jun 2012 in National Assembly:
THAT, Clause 29(2)(a) of the Bill is amended by inserting the words “and relating to such periods” in between the words “manner” and “directed” so as to read as follows:- “The National Treasury in a form and manner and relating to such periods directed by that Treasury”
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27 Jun 2012 in National Assembly:
THAT, 29(3) of the Bill is amended by
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27 Jun 2012 in National Assembly:
(a) deleting the words “and on such terms and conditions as may be prescribed in regulations” and replaced with the words “subject to any regulations that may be prescribed” so as to read as follows:- 29(3) “The National Treasury may invest subject to any regulations that may be prescribed, any money kept in a bank account of the National Government.”
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27 Jun 2012 in National Assembly:
THAT, Clause 29 be amended by inserting a new sub-clause 29(7) immediately after sub clause 29(6) as follows - 29(7) the costs, charges or expenses referred to under subsection (5) shall be paid from the Consolidated Fund in accordance with Article 228 of the Constitution. (b) inserting the following new sub-clauses immediately after sub- clause (2)—
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27 Jun 2012 in National Assembly:
(2A) “ Subject to the Constitution, the Cabinet Secretary may, notwithstanding any previous authority given, limit or suspend National Government expenditure, if in the Cabinet Secretary’s opinion, the exigencies of the financial situation render such a limitation or suspension necessary .”
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27 Jun 2012 in National Assembly:
(2B)“The approval of the National Assembly for any limitation or suspension under sub-section (3) shall be sought within two months of the decision being made.”
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27 Jun 2012 in National Assembly:
This is basically a cleanup and putting the words “plan” and “to” in the right order.
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