2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

167.   Review of budget classification during budget execution

  1.  

    (1)   The Accountant General shall carry out a review of the budget classification to ensure that it captures transactions of the Government, and provide information on budget implementation, and is consistent with the accounting standards established by the Accountant General.

  1.  

    (2)   A deliberate accounting misclassification of expenditure or revenue that results in under or over reporting of expenditure constitutes a violation of the Appropriation Act.