World Heritage Convention Act, 1999 (Act No. 49 of 1999)

Chapter VI : Finances and Reports

36. Annual financial plan

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(1)

(a)An Authority must submit to the Minister its annual financial plan for approval for the following financial year not later than 30 days before the end of each financial year.
(b)The annual financial plan for the first financial year of an Authority must be submitted to the Minister for approval within 90 days after the establishment date.

 

(2)The annual financial plan must set out and explain proposed operations, projects, activities and other objectives of an Authority for the following financial year, including—
(a)the cost of those operations, projects, activities and other objectives;
(b)the manner in which it is proposed to finance them;
(c)the performance indicators applicable to them;
(d)a statement of estimated income and expenditure for that financial year;
(e)any other information and particulars that may be prescribed; and
(f)any additional relevant information that may be requested by the Minister in writing from time to time.