(1) The responsible Minister shall approve multi-year commitments that are within the aggregate ceiling approved under the appropriation law.
(2) A public officer shall not commit the Government to a liability or contingent liability, unless specifically authorized to do so under subsection (3).
(3) Subject to this Act, the accounting officer shall approve a contract and other arrangement made by a Government Agency that commits the Government to a payment.
(4) Approval of a commitment under subsection (3) is subject to the availability of sufficient unencumbered and uncommitted appropriation against which the commitment is made and the commitment must be consistent with the multi-year commitments approved by the responsible Minister under subsection (1).
(5) An accounting officer shall maintain a record of commitments in the prescribed manner.
(6) All contracts, including contracts established through the local purchase order system are considered commitments of the Government.