s.19Detailed planning and budgeting phase
19
Section 19Part 0Government Budgeting

Detailed planning and budgeting phase

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During the detailed planning and budgeting phase each Minister and official member shall —
in conjunction with the ministry or portfolio for which that person is responsible, determine the outputs, transfer payments, equity investments, changes to fees for Government services and legislative measures that that person proposes to influence the specific outcomes agreed by the Cabinet;
have due regard to the resolution of the Cayman Islands Parliament on the strategic policy statement under section 23; and
ensure that —
a draft budget statement has been prepared for that person's ministry or portfolio in accordance with section 42;
a draft purchase agreement has been prepared for each statutory authority, government company or non-governmental output supplier from which the Minister or official member intends to purchase outputs in accordance with sections 30(2) and 49; and
a draft ownership agreement has been prepared for each statutory authority and each government company for which the Minister or official member is responsible in accordance with section 50.

Defined Terms

outputstransfer paymentsequity investmentspurchase agreementownership agreement