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Public Financial Management Act 2024 · இயற்றப்பட்டவாறு · Part II · Powers, Duties and Functions of the Minister of Finance and Other Authorities

4. Powers, duties and functions of the Minister of Finance under this Act

அதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள உரை மேலோங்கும். அதிகாரப்பூர்வ Sinhala உரையைத் திறக்கவும், documents.gov.lk-இல் அதிகாரப்பூர்வ PDF

(1)

The Minister to whom the subject of Finance has been assigned under Article 44 or 45 of the Constitution (in this Act referred to as the “Minister of Finance”) shall in addition to the powers conferred under Article 150 of the

Constitution, be responsible for –

(a)

developing policies that achieve fiscal sustainability and effective management of fiscal risks including the identification of the sources of fiscal risks and publication of information in relation to the same;

(b)

ensuring compliance with the fiscal responsibility requirements under Part III of this Act;

(c)

managing the preparation of the annual budget and monitoring its implementation along with the overall supervision on collecting revenues, management of the expenditure, public debt and the Government’s cash and liquidity position;

(d)

the general oversight of all the financial operations of the Government along with the extent of the financial oversight in relation to the State-Owned

Enterprises, as may be prescribed; and

(e)

the implementation of provisions of this Act.

(2)

The Minister of Finance shall -

(a)

carry out any other powers and functions assigned to the Minister of Finance by this Act or any other written law; and

(b)

be accountable to Parliament for the effective application of the provisions of this Act and regulations made under this Act.

(3)

The Minister of Finance may, by Order published in the Gazette, delegate to the Secretary to the Treasury any power conferred on the Minister of Finance by this Act except under subsection (1) of section 28, subsection (3) of section 32, subsection (4) of section 39, section 56 and section 67, subject to the conditions, reservations and restrictions, as may be specified in that Order.

s 5 முதல் தொடர்ந்து படிக்கவும்

Part III