Section 73, The Government Budgeting and Accountability Act, 2005

(1) All vote controllers shall be accountable for allgovernment stores from the time of acquisition to the time they are of no further use or value to Government. (2) Accountability shall be deemed to have been discharged when Government stores have been– (a) consumed in the course of public business and records are available to show that Government stores have been so consumed; (b) worn out in the normal course of public business and deletion from the accounts has been approved by the Minister, and such stores have been disposed of in accordance with his directions; (c) transferred under section 72; (d) lost, stolen, destroyed, damaged or rendered unserviceable by other than fair wear and tear, and deletion from the accounts has been approved by the proper authority. (3) The Minister may, by regulations delegate his powers of deletion and disposal under paragraph (b) of subsection (2) to any other Minister or principal officers and such delegated powers shall be personally exercised by such persons. (4) If the Minister is satisfied that the retention of any government stores is no longer in the public interest, he may authorise disposal of such stores in accordance with section 72, subject to any regulations governing such disposal. (5) The authority for deletion from the accounts in cases falling within paragraph (d) of subsection (2) is vested in Parliament and Parliament may approve the exercise of such authority by the Minister or, such other principal officer or vote controller as the Minister may nominate, and such delegated powers shall be personally exercised by the nominees. (6) All deletions from the accounts under subsection (5) shall be reported in the annual financial statements of the departments concerned in such manner as regulations made under this Act may prescribe. Terms of payment for Transfer of Discharge of accountability for 48 49 No. 3 Government Budgeting and Accountability Act 2005No. 3 Government Budgeting and Accountability Act 2005