National Local Government Finance Committee, its establishment, powers and functions

(1) There shall be a National Local Government Finance Committee which shall hear submissions from each and every local government authority in respect of estimates of expenditure and requests for special disbursements and shall have such other powers and functions as may be conferred on it by this Constitution or an Act of Parliament. (2) The National Local Government Finance Committee shall have the power to— (a) receive all estimates of revenue and all projected budgets of all local government authorities; (b) examine and supervise accounts of local government authorities, in accordance with any Act of Parliament, subject to the recommendations of the Auditor General; [13 of 2001] (c) make recommendations relating to the distribution of funds allocated to local government authorities, and vary the amount payable from time to time and area to area according to, and with sole consideration of, economic, geographic and demographic variables; (d) prepare a consolidated budget for all local government authorities and estimates after consultation with the Treasury, which shall be presented to the National Assembly for information purposes by the Minister responsible for Local Government before the commencement of each financial year; and (e) make application to that Minister for supplementary funds where necessary. (3) Unless otherwise provided by an Act of Parliament, the accounts of local government authorities shall be audited by an auditor appointed by the local government authority with approval of the National Local Government Finance Committee. [13 of 2001]