2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

177.   Preparation of operational plan

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    (1)   In preparing an operational plan under section 82 of the Act, an accounting officer shall—

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      (a)     take reasonable steps to ensure that the operational plan complies with the fiscal policy;

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      (b)     update the operational plan to reflect the budget.

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    (2)   An operational plan under subregulation (1) must contain—

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      (a)     a quantified analysis of the main deliverables of a Government Agency during the financial year;

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      (b)     the quantified performance indicators for each deliverable;

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      (c)     the changes to the deliverables from the previous financial year, and the reasons for the changes;

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      (d)     the risks to each of the deliverables and the strategy of the statutory body to deal with the risks;

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      (e)     the supply or budget requirement to deliver this output within the aggregate expenditure ceiling for the statutory body in the medium term;

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      (f)     an analysis of capital projects and the targeted output for capital projects during the financial year, including, ongoing recurrent costs;

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      (g)     the annual cash flow plan presented by quarters;

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      (h)     an asset management plan;

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      (i)     a medium-term projection of the main outputs or deliverables;

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      (j)     an analysis of each public-private partnership managed by a statutory body, and where the implementation by the public-private partnership is on target, any possible reason for a deviation from the targeted output, the fiscal risks to the Government from a public-private partnership project, and the statutory body's strategy to deal with the risks;

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      (k)     any deviation from the annual deliverable must be explained with the proposed strategy for meeting the targets;

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      (l)     an analysis of external grants received by a statutory body, and if there are any likely changes to the grant during the financial year, and the strategy of the statutory body to deal with the changes.