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XIV. Procedures
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| Article 153-Budget and Finance Management Code | ||
| 153.1 | Budget and Finance Management Code | |
| By this Charter a single, unified and consistent Budget and Financial Management Code shall be formed for the Union and all associated Universities. All existing and new laws providing for budget and financial management responsibility shall be subject to inclusion in the Budget and Financial Management Code as one of the thirty three (33) Codes of Law of the Union. | ||
| 153.2 | Structure of the Budget and Finance Management Code | |
| The Budget and Financial Management Code shall be one (1) book structured into chapters, which in turn are divided into articles and then one or more clauses within each article. | ||
| The major chapters of the Budget and Financial Management Code shall be: | ||
| I. Introductory Provisions II. Budget & Financial Management Standards and Principles III. Accounting Classification System IV. Budget & Financial Management Administration V. Accounts and Records VI. Primary Budget Forecast Report, Papers and Data VII. Generation Budget Forecast Report, Papers and Data VIII. Cycle Budget Forecast Report, Papers and Data IX. Annual Budget Report, Papers and Data X. Mid-Year Budget Progress Report, Papers and Data XI. Pre-Election Financial Report XII. Costing of Election Commitments XIII. Collection, Deposit and Management of Public Money XIV. Valuation and Investment XV. Control and Management of Public Property XVI. Liabilities and Loans XVII. Appropriations and Expenditure XVIII. Oversight and Audits XIX. Offences and Penalties XX. Universal Forms XXI. Universal Budget and Financial Forms |
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| While an article may belong to a particular chapter, the numbering of all articles is consecutive so that the entire body of articles of the Budget and Financial Management Code may be read as one, with or without the chapter headings. | ||
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