Section 115, The Public Financial Management Act, 2016

(1) Where a Bill to establish a new public enterprise isintroduced to Parliament, the Bill shall be accompanied by an opinion of the Minister on whether – (a) benefits from the establishment outweigh costs of the establishment; (b) the establishment does not cause any fiscal rule or ceiling under this Act or the Fiscal Strategy Statement to be breached or exceeded; and (c) the establishment is in accordance with the principles of responsible financial (2) The Minister may by statutory instrument specify methodologies, forms, and any other matters necessary for (3) The Minister may require from any budgetary agency any information necessary for implementation of this section.