Section 21Part 0 — Government Budgeting
Cayman Islands Parliament review phase
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During the Cayman Islands Parliament review phase —
the Minister of Finance on behalf of the Cabinet shall outline the plan and estimates to the Cayman Islands Parliament; and
the Cayman Islands Parliament shall review the plan and estimates and authorise the Cabinet to give effect to that plan (amended as required by the Cayman Islands Parliament) by —
authorising, by law, changes to types of coercive revenue or rates of coercive revenue;
authorising, by an Appropriation Act and in accordance with section 9, the executive expenses, borrowing and other executive financial transactions referred to in section 9; and
authorising by resolution, the giving of guarantees by the Government.
Defined Terms
coercive revenueAppropriation Act
Cross References
Referenced By
- Section 22 — Documentation phase
section 21