Section 29 BudgetsI1

(1)

The Commissioner must, before the start of each financial year—

(a)

prepare proposals for the Commissioner's use of resources and expenditure during the year (a “budget”), and

(b)

by such date as the Parliamentary corporation determines, send the budget to it for approval.

(2)

The Commissioner may, in the course of a financial year, prepare a revised budget for the remainder of the year and send it to the Parliamentary corporation for approval.

(3)

In preparing a budget or revised budget, the Commissioner must ensure that the Commissioner's resources will be used economically, efficiently and effectively.

(4)

A budget or revised budget must contain a statement confirming that the Commissioner has complied with the duty under subsection (3).

Annotations

Commencement

I1: S. 29 in force at 1.12.2020 by S.S.I. 2020/250, reg. 2