Paragraph 109A Financial SecretaryF1

(1)

There shall be a Financial Secretary, who shall be an officer of the St Helena Public Service.

(2)

The Financial Secretary shall be responsible for finance and the principal financial adviser to the Government of St Helena.

(3)

The Financial Secretary shall be appointed by the Governor, acting after consultation with the Chief Minister.

(4)

In addition to any other functions conferred on the Financial Secretary by or under this Constitution or any other law, the holder of the office shall be responsible for advising the Minister responsible for finance on—

(a)

all matters pertaining to the Estimates;

(b)

the immediate and long-term financial implications of any proposal for the expenditure of public money;

(c)

the future cost of repaying and servicing any loan; and

(d)

the estimated future cost of maintaining an asset created or acquired by any capital expenditure.

Annotations

Textual amendments

F1: Sch. s. 109A inserted (coming into force in accordance with art. 1(3) of the amending S.I.) by The St Helena, Ascension and Tristan da Cunha Constitution (Amendment) Order 2021 (S.I. 2021/895), art. 2(36)

Notes on Schedule

Modifications

C1: Sch. modified (22.8.2020) by The Overseas Territories (Constitutional Modifications) Order 2020 (S.I. 2020/780), arts. 1(2), 3(2)

Commencement

I1: Sch. in force at 1.9.2009, see art. 1(3)