End of year balances of directorate banking accounts

In force

(1)

If at the end of a financial year amounts appropriated for a directorate for that financial year are held in a directorate banking account, the amounts may be applied after the end of that financial year for the purposes for which they were appropriated.

(2)

If at the end of a financial year a directorate banking account has a debit balance, the director‑general of the directorate must devise and implement a scheme to recoup the amount of the deficit.

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34B End of year balances of directorate banking accounts