Kenyan legislation

The Fiscal Management Regulations, 2009

Edition: 2009-11-06 · Repealed

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1. Citation

These Regulations may be cited as the Fiscal Management Regulations, 2009.

2. Interpretation

In these Regulations, unless the context otherwise requires—"accounting officer" has the meaning assigned thereto in the Government Financial Management Act, 2004 (No. 5 of 2004).

3. Sensitization of public officers

Every accounting officer shall bring to the attention of every public officer working under him, the provisions of the Act and these Regulations regarding the principles and practice of prudent financial management.

4. Preparation of budget policy statement, etc.

The Treasury shall not later than 1st September in every year, issue a circular providing guidelines on the budget preparation and the calendar that leads to the budget policy statement and annual estimates in respect of the ensuing financial year.

5. Inclusion of action taken on audit recommendations in Treasury report

(1)Where the audit recommendations made by the National Assembly under section 9(2) of the Act have been received by the Treasury after 31st December of the preceding calendar year, the Treasury may not include a report on the implementation of the recommendations in the immediate Treasury report but shall include it in the subsequent report.

(2)Every accounting officer shall, within thirty days after every quarter of the financial year, submit to the Treasury a report on the action taken to implement the audit recommendations made by the National Assembly.

6. Preparation of the annual budget by public entities

(1)Every public entity shall, by the 28th of February each year, prepare its budget and submit it to its parent Ministry in form FMR 1 set out in the Schedule.

(2)A parent Ministry may, as long as the substance of the form relating to revenue and expenditure prescribed in the form is included, modify form FMR 1 submitted by a public entity falling under its mandate.

(3)A parent Ministry shall keep a detailed budget in each public entity falling under its mandate.

7. Forms for the publication of monthly revenues and net exchequer issues

For purposes of section 13 of the Act—

(a)the actual monthly revenue shall be published in form FMR II set out in the Schedule; and

(b)the net exchequer issues shall be published in form FMR III set out in the Schedule.

8. Form and content of compliance report

The Minister shall prepare the compliance report required under section 14(1) of the Act, in the form of a quarterly economic and budgetary review which shall contain the contents provided in section 14(3) and 14(4) of the Act, within forty-five days after every quarter of the financial year.

9. Criteria to determine proportion of vote on account to be withheld etc.

(1)If the National Assembly decides to withhold the vote on account of a department, the withholding of such vote on account shall remain in force until the department has complied with such conditions accompanying the withholding as the National Assembly may impose, to the satisfaction of the National Assembly.

(2)If, at the time the Appropriation Act of a particular year comes into operation, there is failure to comply with such conditions as the National Assembly may impose under paragraph (1), the National Assembly shall invoke the provisions of section 16(2) of the Act regarding withholding of amounts from the department's vote for the year as are commensurate to the amounts in the audit queries regarding the department, or such amount as the National Assembly may deem appropriate.

10. Cases not covered by Regulations

Any case not covered by these Regulations shall be dealt with in accordance with such instructions as the Treasury may from time to time issue.

Source: Kenya Law · Imported 4 October 2026