s.30Agreement and monitoring of output delivery
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Section 30Part 0 — Agreeing Output and Ownership Performance

Agreement and monitoring of output delivery

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Each financial year, the Cabinet shall, by way of a budget statement under section 42 or a purchase agreement under section 49, agree with each ministry, portfolio, statutory authority or government company, the outputs it wishes the entity to deliver in that financial year.
Where the Cabinet wishes a non-governmental output supplier to deliver an output, the Cabinet shall enter into a written purchase agreement with the non-governmental output supplier for the supply of that output.
A purchase agreement with a non-governmental output supplier entered into under subsection (2) shall contain the information specified in section 49(2)(a) to (h) and shall be —
prepared in accordance with the timetable established by the Cabinet in accordance with section 17;
available for review by the Cabinet as part of the Cabinet collective review phase of the budget process in accordance with section 20;
presented to the Cayman Islands Parliament by the relevant minister or official member at the same time as the plan and estimates for the financial year are presented in accordance with section 24(1);
finalised immediately the Cayman Islands Parliament review phase of the budget process has been completed in accordance with section 21;
signed by a member of the Cabinet on behalf of the Cabinet and by an authorised officer of the non-governmental output supplier no later than the beginning of the financial year; and
presented to the Cayman Islands Parliament, for the information of the Cayman Islands Parliament, by the relevant minister or official member on the next sitting day after it has been signed.
A purchase agreement with a non-governmental output supplier entered into under subsection (2) may be amended at any time by agreement between the non-governmental output supplier and the Cabinet.
All amendments to a purchase agreement shall be in writing and presented, within a period of sixty days after it has been signed, to the Cayman Islands Parliament for its information.
The Cabinet shall monitor the delivery of outputs during the financial year against the relevant budget statement or purchase agreement and may only authorise payment for those outputs when it is satisfied that the specified outputs have been satisfactorily delivered.

Defined Terms

outputspurchase agreementnon-governmental output supplier

Cross References

Referenced By