Financial Management of Parliament Act, 2009 (Act No. 10 of 2009)Chapter 8 : Reporting and AuditingPart 1 : In-year reporting53. Mid-year budget and performance assessment |
| (1) | Before 31 October of each year, the Accounting Officer must submit to the Executive Authority a report that assesses the performance of Parliament’s administration during the first half of the financial year, taking into account— |
| (a) | the monthly statements referred to in section 51 for the first half of the financial year; |
| (b) | the past year’s annual report, and progress on resolving problems identified in the report; and |
| (c) | performance in implementing the annual performance plan. |
| (2) | In the report the Accounting Officer must— |
| (a) | recommend whether an adjustments budget may be necessary; and |
| (b) | revise projections for revenue and expenditure to the extent that this may be necessary. |