ADVOKS GLOBAL · KENYA
The Government Financial Management (Members and Staff of the Electoral Commission Car Loan Scheme Fund) Regulations, 2007
15. Administration of the Fund
Edition: 2007-08-24 · Repealed
15. Administration of the Fund
(1)The officer administering the Fund shall—(a)supervise and control the administration of the Fund;(b)if he thinks fit, impose conditions on the use of any funds under his control and may impose any reasonable restriction or other requirement concerning such use;(c)approve such expenditure out of the Fund as may be necessary for the administration of the Fund pursuant to the provisions of these Regulations;(d)cause to be kept books of accounts and other books and records in relation to the Fund and the loans financed therefrom;(e)prepare, sign and transmit to the Controller and Auditor-General in respect of each financial year and within three months after the end thereof, a statement of accounts relating to the Fund, prepared and signed by him, specifying the income of the Fund and showing the expenditure incurred from the Fund in such details as the Treasury from time to time direct in accordance with the provisions of the Public Audit Act, 2003 (No. 12 of 2003);(f)furnish such additional information as he may deem to be proper and sufficient for the purpose of examination and audit by the Controller and Auditor-General in accordance with the provisions of the Public Audit Act, 2003 (No. 12 of 2003).(2)Every statement of account made under this regulation shall indicate the financial status of the Fund as at the end of the financial year concerned.