Sunday, May 12, 2013

The County Governments Public Finance Management

THE COUNTY GOVERNMENTS PUBLIC FINANCE MANAGEMENT ...2013 County Governments Public Finance Management Transition 13 No. 8 THE COUNTY GOVERNMENTS PUBLIC FINANCE MANAGEMENT RANSITION ACT, 2013 No. 8 of 2013 Date of Asent: 14th January, 2013 Date of Comencement: 25th January, 2013 ARANGEMENT OF SECTIONS Section PART I—PRELIMINARY 1—Short title. 2—Interpretation. 3—Object and purpose of this Act. PART I—ESTABLISHMENT, COMPOSITION ADMINISTRATION AND FUNCTIONS F TRANSITION COUNTY TREASURIES 4—Establishment of the Transition County Treasuries. 5—Composition of the Transition County Treasuries. 6—Identification and secondment of officers. 7—Reporting by the Transition Principal Oficers. 8—General responsibilities of the Transition County Treasuries. 9—Additional responsibilities of the Transition County Treasury. 10—Acounting Oficer. 11—Functions and responsibilities of acounting oficers. 12—Bank acounts. PART II—PREPARATION AND APROVAL OF TRANSITION COUNTY GOVERNMENT BUDGETS 13—Preparation of Transition County

Alocation of Revenue Bil. 14—Preparation of county budget estimates and related Bils. 15—Approval of County Budget estimates and related Bils. 16—Withdrawal of funds from County Revenue Funds. 17—Form of publication of budget estimates. County Governments Public Finance Management Transition 2013 134 No. 8 18—Designation of Transition County Principal Oficer as receiver and collector of revenue. 19—Functions and responsibilities of receivers of revenue. 20—Reporting by Transition County Receivers of Revenue. 21—Appointment of Transition Collector of Revenue. 22—Continuation of revenue raising measures 23—Charges and Rates. 24—Preparation of estimates. 25—Submision of estimates for approval. 26—Budgets to comply with the Public Finance Management Act, 2012. 27—Clerks to be designated transition collectors of revenue. 28—Opening and closing of bank acounts. 29—Power of the Cabinet Secretary to make regulations. 30—Existing regulations in force. 31—Repeal of this Act. 2013 County Governments Public Finance Management Transition 135 No. 8 THE COUNTY GOVERNMENTS PUBLIC FINANCE MANAGEMENT RANSITION ACT, 2013 AN ACT of Parliament to provide for, pursuant to section 15 of the Sixth Schedule of the Constitution, a framework for establishment and functions of Transition County Treasuries; the transition county budget proces; transition revenue raising measures and expenditures for county governents; responsibilities of transition county accounting officers and receivers of revenue and for connected purposes ENACTED by the Parliament of Kenya, as folows— PART I—PRELIMINARY Short title. 1. This Act shal be cited as the County Governments Public Finance Management Transition Act, 2013. Interpretation. No. 18 of 2012. No. 18 of 2012. No. 17 of 2012. No. 18 of 2012. No.18 of 2012. 2. (1) In this Act, unles the context otherwise requires— “acounting officer” means the Transition County Acounting Oficer as provided for under section 10 of this Act; “Cabinet Secretary” has the meaning asigned to it in section 2 of the Public Finance Management Act, 2012; “County Executive Commite member for Finance” has the meaning asigned to it in section 2 of the Public Finance Management Act, 2012; “decentralized units” has the meaning asigned to it under section 48 of the County Governments Act, 2012; “establishment” in the case of the County Asembly means the swearing in of the members of the County Asembly and the Governor after the declaration of final results of the first elections under the Constitution and in the case of the County Treasury upon the appointment of the County Executive member responsible for Finance and the Oficers provided in section 103 of...

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