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Government Departments and Agencies (Over-Time) Special Revenue Fund 2007

NITIJELA OF THE MARSHALL ISLANDS

28TH CONSTITUTIONAL REGULAR SESSION, 2007

BILL NO: 162N.D.1
P.L.2007-98

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GOVERNMENT DEPARTMENTS AND AGENCIES (OVER-TIME) SPECIAL REVENUE FUND, 2007.
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AN ACT

to establish a Special Revenue Fund into which shall be paid, all fees payable to the government by private companies for transactions that may require any Department, or Agency of Government to perform its official duties and responsibilities outside normal working hours.

BE IT ENACTED BY THE NITIJELA OF THE MARSHALL ISLANDS:

Section 1. Short Title.

This Act may be cited as the Government Departments and Agencies (Over-Time) Special Revenue Fund, 2007.

Section 2. Purpose.

The purpose of this special revenue fund is to receive and manage all fees payable to the Government by private companies whose transactions require the attendance, and the performance of official duties and responsibilities, by a Department, Agency or other Office of government, outside the normal Public Service working hours.

Section 3. The Fund.

(1) There is hereby established a fund to be known as the "Government Departments and Agencies (Over-Time) Special Revenue Fund.

(2) The Fund is a special fund within the national Treasury and under the control and supervision of the Ministry of Finance, which shall provide for its administration in accordance with the Financial Management Act of 1990.

Section 4. Payments into the Fund.

There shall be paid into the Fund all fees payable to the Government by private companies whose transactions require the attendance of, and the performance of official duties by a Department, Agency or other Office of Government outside the normal Public Service working hours.

Section 5. Payments out of the Fund.

Payments shall be made out of the Fund only for the purpose of meeting over-time compensation payments to staff of the Ministries concerned.

Section 6. Regulations and Fees.

(1) The Secretary of Finance shall, subject to approval by Cabinet, promulgate the necessary regulations to ensure the efficient administration of the provisions of this Act. Such Regulations may include the promulgation of the necessary schedule of fees for the purposes of this Act.

(2) Any schedule of fees promulgated as part of the Regulations under subsection (1) herein above, shall however, be subject to the approval of Cabinet.

Section 7. Accounts and Records.

(1) The Secretary of Finance shall maintain, in accordance with the procedures prescribed by the Financial Management Act, proper accounts and records with respect to the Fund, and any item of property purchased with money from the Fund.

(2) The accounts to be laid before the Nitijela by the Minister of Finance pursuant to Article VIII, Section 5 (4) of the Constitution shall include accounts relating to the special fund herein described.

(3) The accounts and records maintained under Subsection (1) of this Section shall be audited by the Auditor - General as provided for under Article VIII, Section 15, of the Constitution.

Section 8. Effective Date.

This Act shall take effect on the date of certification in accordance with Article IV, Section 21 of the Constitution and the Rules of Procedures of the Nitijela.

CERTIFICATE

I hereby certify:

(1) That Nitijela Bill No:162 N.D.1 was passed by the Nitijela of the Marshall Islands on the 27th day of September, 2007: and

(2) That I am satisfied that Nitijela Bill No:l62 N.D.1 was passed in accordance with the relevant provisions of the Constitution of the Republic of the Marshall Islands and the Rules of Procedures of the Nitijela.

I hereby place my signature before the Clerk this 29th day of October, 2007.

Attest: