Section 117, The Public Financial Management Act, 2016

(1) By such date as specified by the Minister, everyquarter, the vote controller of a public enterprise shall submit to the responsible authority and the Minister a quarterly financial report which includes – (a) summary financial statements for the quarter; (b) comparison of the actual financial outcomes with the budget and the financial targets specified in the financial planning documents; and (c) any other matters as may be specified by (2) The Minister may, in consultation with the relevant responsible authorities, prescribe by regulations and instructions the timeline of submission, forms, and any other matters in respect of reporting under this section. (3) In addition to budget execution reports mentioned in subsection (1), the Minister may require at any time the vote controller of a public enterprise to submit to him any reports and information in such form and by such date as may be determined by the Minister. (4) When the Minister receives reports or information under subsection (3), he shall send the reports or information to the relevant responsible authority.