LAGOS STATE FINANCE (CONTROL AND MANAGEMENT) LAW

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LIST OF LAWS OF LAGOS, [ALPHABETICAL]  

LAGOS STATE FINANCE (CONTROL AND MANAGEMENT) LAW

CHAPTER F2 LAWS OF LAGOS STATE

[THIS LAW HAS BEEN REPEALED BY THE PUBLIC FINANCE MANAGEMENT LAW OF LAGOS STATE]

ARRANGEMENT OF SECTIONS 

PART 1- Citation and Interpretation

1.       Citation. 

2.       Interpretation. 

PART 2 – The Finance Board

3.       Establishment of Finance Board. 

4.       Staff of the Board. 

5.       Board may issue financial instructions. 

6.       Board may give directions as to the form of accounts. 

PART 3 – General Provisions relating to Public Money

7.       Functions of the Commissioner. 

8.       Officials of Ministry to have access to records, etc. 

9.       Ministry may require production of information. 

10.     Authority for remission. 

11.     Collection of public money. 

12.     Bank account. 

13.     Services. 

14.     Deposits. 

15.     Refund. 

16.     Losses. 

PART 4 – Investments

17.     Authorisation of investments. 

18.     Investments General, procedure concerning these. 

19.     Income of Investments General. 

20. Fluctuation in value of investments of Investments General. 

PART 5 – Authorisation of Expenditure

21.     Unexpended votes to lapse. 

22.     Provision for Appropriation Law not in force. 

23.     Power to limit or suspend expenditure. 

24.     Payments from the Contingencies Fund. 

PART 6 – Other Public Funds of the State

25.     Specification of public funds allocated by law. 

26.     Carrying forward of annual balance. 

27.     Interest and investment fluctuation to accrue to certain funds. 

28.     Interest on Development Fund. 

29.     Interest and investment fluctuation to accrue to Consolidated Revenue Fund in certain cases. 

30.     Fluctuation in value of investments. 

31.     Capital Expenditure and Development Fund. 

32.     Power of the State Commissioner to make rules regulating payment into and disbursement from funds. 

PART 7 – Miscellaneous

33.     Annual accounts. 

34.     Notification of irregularities. 

Schedule 

LAWS OF LAGOS STATE

LAWS OF THE FEDERAL REPUBLIC OF NIGERIA