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Public Finance (Control and Audit)(Amendment) Act 1984

REPUBLIC OF KIRIBATI
(No. 5 1984)

I assent,

I. Tabai

Beretitenti.
1984

AN ACT TO AMEND THE PUBLIC FINANCE
(CONTROL AND AUDIT) ORDINANCE (Cap 79)

Commencement: 1984

MADE by the Maneaba ni Maungatabu and assented to by the Beretitenti.

Short title

1. This Act may be cited as the Public Finance (Control and Audit)(Amendment) Act 1984.

Amendment of section 4 of Cap. 79

2. Section 4 of the Public Finance (Control and Audit) Ordinance (Cap 79) is amended –

(a) in the marginal note by adding after the word "Fund" the words "and general fund of local government council"; and

(b) by inserting after subsection (1) the following subsection:-

"(2A) Notwithstanding anything contained in subsection (1) all revenues and other moneys –

(a) raised; or

(b) received,

for the purposes of the government but raised or received under any subsidiary legislation made by any local government council under the Local Government Ordinance or Act as in force from time to time shall be paid into such local government’s general fund established under Part VII of such Ordinance or Act."

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PUBLIC FINANCE (CONTROL AND AUDIT) (AMENDMENT

EXPLANATORY MEMORANDUM

1. This short Act seeks to amend section 4(1) of the Public Finance (Control and Audit) Ordinance which provides that all revenues and other moneys raised or received for the purposes of the Government must be paid into the Consolidated Fund. Some part of these revenues and other moneys as raised and received by the Government are in fact being raised and received under local government councils’ bye-laws and regulations made by such councils pursuant to the powers conferred on them by the Local Government Ordinance.

2. Most if not all local government councils have had for a long time considered desirable and proper that such revenues and other moneys as collected, raised or received should be paid into the general funds of local government councils and thus the principal purpose behind this short Act as contained in section 2 of the Act.

Michael Neaua Takabwebwe
The Attorney General