Cap. 601 · Public Finance Management Act (Cap. 601)
Cap. 601 Art. 39Quarterly accruals-based consolidated statements.
Title 2 – Accruals-based accounting
(1) Each ministry shall cause to be prepared, in the form and manner provided for by the Accountant General, quarterly accruals-based statements consolidating the financial performance of the respective ministry and its departments, at ministerial level, for each of the first three (3) fiscal quarters of each fiscal year.
*Not yet in force. †Not yet in force.
(2) The Accountant General shall prepare quarterly accruals-based statements, consolidating the financial performance of each Ministry, and shall submit such statements to the Minister for publication in the Gazette.
(3) The Minister shall by means of a regulation establish the period within which the said accounts and statements are to be presented.
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