Finance (Control and Management) Act, 1969 | Act 24 of 1969 — Zambia law | Esheria

Finance (Control and Management) Act, 1969

This section gives the Act its short title.

Jurisdiction
Zambia
Instrument
Act or statute
Citation
Act 24 of 1969
Version
31 Dec 1996
Language
en
Official source
View official record ↗
accounting accounts and reporting asset recovery asset write-off auditing bank accounts banking budget expenditure control budget management court orders disposal of public stores dispute adjudication financial reporting fund management government accounting government agencies government claims government finance government financial administration government records access internal audit judgment enforcement liability recovery overdrafts +14 more

Statute overview

About this statute

This section gives the Act its short title. This section defines key terms used in the Act. The Minister has power to manage, supervise, control, and direct financial matters of the Republic, except matters assigned by law to another appropriate Minister, and subject to the Constitution and this Act. The Minister must appoint controlling officers, and controlling officers must control expenditure, prepare accounts and revenue statements, and submit them for certification and onward reporting. People responsible for certain public or entrusted funds and valuables are treated as accounting officers and must keep the prescribed books, perform prescribed duties, and render accounts, including any directions from the Secretary to the Treasury.

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