Financial Management of Parliament Act, 2009 (Act No. 10 of 2009)Chapter 2 : Oversight, Executive Authority and Administration of ActPart 3 : Administration of Act8. Performance of Accounting Officer |
| (1) | The Executive Authority and the Accounting Officer must conclude a written performance agreement for the Accounting Officer annually. |
| (2) | The performance agreement referred to in subsection (1) must— |
| (a) | be concluded within a reasonable time after the Accounting Officer is employed and thereafter within one week after the start of each financial year; |
| (b) | specify performance standards linked to the objectives and targets of Parliament’s performance plan for the financial year; |
| (c) | provide for an annual assessment of the Accounting Officer’s performance by the Executive Authority; and |
| (d) | specify the consequences of sub-standard performance. |
| (3) | The provisions of this Act conferring responsibilities on the Accounting Officer are part of the performance agreement of an Accounting Officer. |
| (4) | The annual assessment of the Accounting Officer’s performance must take cognisance of the audit report on the annual financial statements of Parliament. |