Financial report of Republic

Financial report of Republic (1) The Minister responsible for finance shall, within three months after the end of each financial year, prepare and submit to the Auditor-General the financial report of the Republic in respect of the preceding financial year. (2) The Auditor-General shall, within two months of receipt of the financial report, examine the financial report and express an opinion on the report. (3) The Minister responsible for finance shall, within one month after the receipt of the Auditor-General’s opinion, lay the financial report, with the Auditor-General’s opinion, before the National Assembly. (4) The financial report shall include information on— (a) revenue received by the Republic during that financial year; (b) the expenditure of the Republic during that financial year; (c) gifts, donations and aid-in-kind received on behalf of the Republic in that financial year, their value and how they were disposed of; (d) debt repayments; (e) payments made in that financial year for purposes other than expenditure; (f) the financial position of the Republic at the end of that financial year; and (g) other information as prescribed. [Article 211 added by section 8 of Act 2 of 2016]