Section 71, The Government Budgeting and Accountability Act, 2005

(1) Except in accordance with an agreement approvedby the Cabinet upon the recommendation of the Minister, no Government stores shall be purchased upon terms that provide for deferment of payment beyond the limits of ordinary credit sales or that provide for the payment of interest or any other consideration beyond the price of the stores. (2) Any transaction providing for the deferment of payment or the payment of interest shall be deemed to be a loan of money and shall accordingly be subject to the provisions of this Act or any other enactment on loans already in force. (3) Any loan arising from the deferred payment for government stores shall be included in the public accounts. (4) Where the period of deferment exceeds three months, such transaction shall be deemed to be a transaction to which subsection (2) applies.