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The Fiscal Management and Control Act, 2017.

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Added to the library by Umaru Afiz SESAY on Oct 25, 2026

Open the original document (PDF)Source: Law Reform Commission of Sierra Leone

Contents
  1. Preamble
  2. Section 1
  3. Section 2 — In this Act, unless the context otherwise requires–
  4. Section 3 — (1) All monies held in the accounts of agencies of
  5. Section 4 — The Minister may by statutory instrument amend the
  6. Section 5 — (1). The Minister may by statutory instrument make
  7. Schedule
  8. Section 6 — The Sierra Leone Maritime Administration

Preamble

Short title. No. 9 2017 Sierra Leone The Fiscal Management and Control Act, 2017. Being an Act to provide for direction to agencies of Government to transfer revenues or other monies received by the agencies into the Consolidated Fund and for other related matters. [ ] ENACTED by the President and Members of Parliament in this present Parliament assembled. ACT S u p p l e m e n t t o t h e S i e r r a L e o n e G a z e t t e Vo l . C X L V I I I , N o . 6 8 d ate d 1 2 th O c to b e r, 2 01 7 PRINTED AND PUBLISHED BY THE GOVERNMENT PRINTING DEPARTMENT, SIERRA LEONE. GAZETTE NO. 68 OF 12TH OCTOBER, 2017. No. 9 Fiscal Management and Control Act 2017 Date of commencement. Passed in Parliament this 10th day of October, in the year of our Lord two thousand and Seventeen. IBRAHIM S. SESAY, Clerk of Parliament. THIS PRINTED IMPRESSION has been carefully compared by me with the Bill which has passed Parliament and found by me to be a true and correct printed copy of the said Bill. IBRAHIM S. SESAY, Clerk of Parliament. SIGNED this 10th day of October, 2017 DR. ERNEST BAI KOROMA, President. No. 9 Fiscal Management and Control Act 2017 No. 9 Fiscal Management and Control Act 2017

Section 1

This Act shall be deemed to have come into operation onthe 1st Day of July 2017.

Section 3 — (1) All monies held in the accounts of agencies of

Government shall, on the coming into operation of this Act, be transferred into the Consolidated Fund. (2) Where in any enactment it is provided that revenues or other monies received by an agency of Government are to be retained by that agency for any purpose including defraying the expenses of that agency, such revenues or other monies shall be paid into the Consolidated Fund notwithstanding any provision to the contrary contained in the enactment. (3) Notwithstanding the generality of subsection (2), an agency of Government, specified in the Schedule, shall, on the coming into operation of this Act, pay into the Consolidated Fund, revenues or other monies received by that agency for and on behalf of the Government.

Section 5 — (1). The Minister may by statutory instrument make

Regulations for the purpose of giving effect to the provisions of this Act. (2) Notwithstanding the generality of subsection (1), Regulations made under this Act may provide that a proportion or ratio of the monies paid into the Consolidated Fund by an agency of Government be allocated to that agency by the Minister for the purpose of defraying the expenses of that agency. 2 3 Commencement. Transfer of revenues. Amendment of Schedule. Regulations.

Schedule

No. AGENCY 1. The Petroleum Regulatory Agency 2. The Petroleum Directorate 3. The Road Maintenance Fund Administration 4. The Environment Protection Agency 5. The National Telecommunications Commission

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