ADVOKS GLOBAL · KENYA
Morendat Institute of Oil and Gas National Polytechnic Order
21. Annual estimates
Edition: 2024-10-11 · In force
21. Annual estimates
(1)Before the commencement of a financial year, the Council shall cause to be prepared estimates of the revenue and expenditure of the National Polytechnic for that year.(2)The annual estimates shall make provisions for all the estimated expenditure of the National Polytechnic for the financial year concerned, and in particular shall provide for—(a)the payment of the salaries, allowances and other charges in respect of the staff of the National Polytechnic;(b)the payment of the pensions, gratuities and other charges in respect of retirement benefits which are payable out of the funds of the National Polytechnic;(c)the proper maintenance of the buildings and grounds of the National Polytechnic;(d)the proper maintenance, repair and replacement of equipment and other movable property of the National Polytechnic;(e)the funding of the cost of teaching, research and outreach activities of the National Polytechnic; and(f)the creation of such funds to meet future or contingent liabilities in respect of retiring benefits, insurance or replacement of building or equipment and in respect of such other matters as the Council may think fit.(3)In preparing its annual estimates and development plans, the National Polytechnic shall consult with the Ministry responsible for technical institutions’ grants and any other relevant Government agency.(4)The annual estimates shall be approved by the Council before the commencement of the financial year to which they relate, and shall be submitted to the Cabinet Secretary for approval, and after the approval by the Cabinet Secretary, the Council shall not increase any sum provided in the estimates without the consent of the Cabinet Secretary.(5)Expenditure shall not be incurred for the purpose of the National Polytechnic except in accordance with the annual estimates approved under subparagraph (4) or in pursuance of an authorization of the Council given with the prior approval of the Cabinet Secretary.