1986 Ed.]
Regional Council
[CAP. 385
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(2) The estimates shall set out, under separate headings, the sources of revenue and the distribution of expenditure; and where several matters are dealt with under one heading each such matter shall be itemized and be shown in a separate sub-heading relating to similar items.
(3) The estimates may provide for-
(a) expenditure of such sums as may be necessary to defray the cost of official ceremonies of the Regional Council;
(b) payment of allowances to members to meet expenses incurred in connexion with the discharge of the office of a member of the Regional Council, and
(c) payment of a special allowance or honorarium to the Chairman and Vice-Chairman.
(4) The list of works shall show in respect of each work-
(a) the estimated total cost thereof;
(b) the date on which such work is expected to be completed; and
(c) the amount to be expended thereon during the next financial year.
(5) The estimates of revenue and expenditure for, and the list of works which the Regional Council proposes to undertake during, the financial year ending on 31 March 1987 shall be furnished to the Governor as soon as practicable after the commencement of this Ordinance.
42. (1) The Regional Council may from time to time revise the estimates and list of works furnished by it under section 41(1).
(2) The Regional Council shall, in respect of each period of 3 months commencing on the 1st days of January, April, July and October in each year, prepare and furnish to the Governor details of any estimates or list of works revised under subsection (1) during that period; and in so doing shall comply with such of the requirements of subsections (2) and (4) of section 41 as are applicable.
(3) The details mentioned in subsection (2) shall be furnished to the Governor within a period of 2 months after the expiration of the quarter to which they relate or within such further period as the Governor may allow.
43. (1) The Chairman shall within the period of 4 months, or such longer period as the Governor may determine, after the close of each financial year, transmit to the Director of Audit-
(a) the statement of the receipts and payments of the Regional Council for that financial year;
(b) the statement of the assets and liabilities of the Regional Council on the last day of that financial year; and
Regional Council may revise estimates and list of works.
Audit.
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