Revised Laws of Saint Lucia (2022)

• 1.   Short title

• 2.   Interpretation

• 3.   Act binds the Crown

• 4.   Conflict of laws

• 5.   Functions of the Minister

• 6.   Powers of the Minister

• 7.   Delegation of functions and powers

• 8.   Functions of the Director of Finance

• 9.   Powers of the Director of Finance

• 10.   Functions of the Accountant General

• 11.   Powers of the Accountant General

• 12.   Functions of accounting officer

• 13.   Payment into the Consolidated Fund

• 14.   Payment from the Consolidated Fund

• 15.   Establishment of Contingencies Fund

• 16.   Transfer to the Contingencies Fund

• 17.   Administration of Contingencies Fund

• 18.   Financial statement in respect of Contingencies Fund

• 19.   Advance from the Contingencies Fund

• 20.   Establishment and transfer of a sinking fund

• 21.   Administration of a sinking fund

• 22.   Establishment of a special fund

• 23.   Payment and accounting procedures applicable to a special fund

• 24.   Closure of a special fund

• 25.   Trust fund

• 26.   Fiscal policy

• 27.   Fiscal Policy STatement

• 28.   Fiscal and budget survey

• 29.   Budget circular

• 30.   Guidelines

• 31.   Estimates

• 32.   Approval of Estimates

• 33.   Appropriation for Contingencies Fund

• 34.   Supplementary Estimate

• 35.   Publication of Estimates

• 36.   Execution of appropriation law

• 37.   Prohibition against exceeding allocation in the budget

• 38.   Warrants for withdrawal from Consolidated Fund

• 39.   General Warrant

• 40.   Provisional Warrant

• 41.   Contingencies Fund Warrant

• 42.   Virement Warrant

• 43.   Reallocation Warrant

• 44.   Support for warrant

• 45.   Limitations, conditions, suspension or cancellation of warrant

• 46.   Lapse of appropriation and warrant

• 47.   Commitments

• 48.   Internal Audit Unit

• 49.   Functions of Internal Audit Unit

• 50.   Powers of Internal Audit Unit

• 51.   Deposit

• 52.   Banking arrangement

• 53.   Refund of money

• 54.   Set-off or write-off of debt, claim, settlement

• 55.   Settlement of claims against the Government

• 56.   Investment

• 57.   Acquisition, use and safe custody of public assets

• 58.   Debt due to Government

• 59.   Enquiry and report on malfeasance

• 60.   Accounting procedure

• 61.   Disposal of assets

• 62.   Annual borrowings

• 63.   Loans and authority to sign loans

• 64.   Proceeds of Government borrowing

• 65.   Government guarantee, indemnity and other contingent liability

• 66.   Government lending

• 67.   Advance warrant

• 68.   Imprest warrant

• 69.   Charges on Consolidated Fund

• 70.   Public debt management

• 71.   Receipt of grant

• 72.   Responsibility of responsible Minister with respect to a grant

• 73.   Record of use of a grant

• 74.   Accounting

• 75.   Public Accounts

• 76.   Reporting

• 77.   Audit of Public Accounts

• 78.   Responsibilities of a statutory body

• 79.   Institutional arrangements

• 80.   Operation on commercially sustainable basis

• 81.   Representation on a board or controlling body of a statutory body

• 82.   Strategic, financial, operational and business plan

• 83.   Accounts and audit

• 84.   Financial management

• 85.   Dividend policy

• 86.   Borrowing, lending, guaranteeing and other contingent liabilities

• 87.   Appointment of Inquiry Committee

• 88.   Functions of Inquiry Committee

• 89.   Powers of the Inquiry Committee

• 90.   Proceedings of Inquiry Committee

• 91.   Notice of decision

• 92.   Liability for non-compliance with financial management system

• 93.  Power to surcharge

• 94.   Grounds for surcharge

• 95.   Notification of surcharge

• 96.   Withdrawal of surcharge

• 97.   Recovery of surcharge

• 98.   Appeal against surcharge

• 99.   Establishment of Appeals Tribunal

• 100.   Tenure of Appeals Tribunal

• 101.   Functions of Appeals Tribunal

• 102.   Powers of Appeals Tribunal

• 103.   Removal

• 104.   Resignation

• 105.   Secretary of Appeals Tribunal

• 106.   Application for an appeal

• 107.   Transmission of appeal documents

• 108.   Hearing of Appeals Tribunal

• 109.   Decisions of Appeals Tribunal

• 110.   Costs

• 111.   Decision final

• 112.   Regulations

• 113.   Repeal

• 114.   Transition

• (Substituted by Act 1 of 2022)

• 93.   Power to surcharge