(1) An accounting officer in a Government Agency shall, in each financial year, before the deadline stipulated by the Director of Finance, submit a projection of the sums of revenue to be collected by the Government Agency in the following financial year together with revised estimates of revenue collection in respect of the current financial year.
(2) A revenue projection under subregulation (1) must be submitted with forecasts in respect of the 2 financial years succeeding the following financial year.
(3) An accounting officer shall review the estimates of revenue every 6 months for the following 6 months, the current financial year and the following 2 financial years and inform the Director of Finance of the necessary changes.