Section 28Part 0 —
Accounts
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The Authority shall cause to be kept proper accounts and records of the transactions and affairs of the Authority and shall do all things necessary to ensure that all moneys received are properly brought to account and that all payments out of its moneys are correctly made and properly authorised.
The financial year of the Authority shall be as set out in paragraph (a) of the definition of “financial year” in section 2 of the Public Management and Finance Law (2020 Revision).
the Authority is a statutory authority as defined in section 2 of the Public Management and Finance Law (2020 Revision) and accordingly that Law applies, among other things, to —
(a) the Authority’s expenditure budget for each financial year; and
(b) the preparation, maintenance, auditing and publication of the Authority’s accounts.
the Authority’s expenditure budget for each financial year; and
the preparation, maintenance, auditing and publication of the Authority’s accounts.
Cross References
- Section 2 of Public Management And Finance Law
Definition of financial year