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Public Finance (Control and Management) Act 1997 - Public Finance (Control and Management) (Financial Instructions) Regulations 2018

REPUBLIC OF NAURU

PUBLIC FINANCE (CONTROL AND MANAGEMENT) (FINANCIAL INSTRUCTIONS) REGULATIONS 2018

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SL No. 13 of 2018
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Notified: 11^th May 2018

Table of Contents

1 Citation

2 Commencement

3 Interpretation

4 Secretary for Finance may issue directions

5 FINANCIAL INSTRUCTIONS

Cabinet makes the following Regulations under section 32(1)(g) of the Public Finance (Control and Management) Act 1997:

1. Citation

These Regulations may be cited as the Public Finance (Control and Management) (Financial Instructions) Regulations 2018.

2. Commencement

These Regulations commence on the day they are notified in the Gazette.

3. Interpretation

In these Regulations:

‘Financial Instructions’ means written instructions issued by the Secretary for Finance under regulation 5 and provided to Government departments and agencies or published on the Department of Finance’s website from time to time.

4. Secretary for Finance to issue directions

For the purposes of these Regulations, the Secretary for Finance shall from time to time, issue directions in the form of Financial Instructions.

5. Financial Instructions

The Secretary for Finance may issue Financial Instructions in relation to the following:

(a) the collection, receipt, custody, issue, expenditure, care and management of and due accounting for all public moneys and the duties of the persons concerned therein;

(b) the more effectual recording, examination, inspection and departmental checking of all receipts and expenditure and, the keeping of all necessary books and accounts;

(c) the forms for all accounts, books and documents whatsoever required under the provisions of the Act; and

(d) the purchase, safe custody, issue, sale or other disposal or writing off of property of the Republic and the proper accounting for and stock-taking of such stores and property.