அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
(1)
The Secretary to the Treasury shall, subject to the approval of the Cabinet of Ministers have the authority to sign all agreements with foreign governments, or international organizations in respect of foreign grants or receive any grant from other foreign donors or domestic donors on behalf of the Government, except where a public entity is authorized by the Cabinet of Ministers in writing to sign such agreements and receive such grants.
(2)
Funds received as grants to the Government from a foreign government, international organization, or other foreign donor (in this section referred to as the “foreign grants”) or domestic donor shall be –
(a)
credited to the Consolidated Fund; and
(b)
incorporated in the draft annual budget of the public entity responsible for executing the grant.
(3)
Any public entity which receives grant in any kind under this section shall determine and record the monetary value of such grant in accordance with the relevant written law.
(4)
The requirements and procedures for the receipt of foreign grants or domestic grants, as the case may be, shall be as prescribed.