Accountability

29Budgets

1

The Commissioner must, before the start of each financial year—

a

prepare proposals for the Commissioner’s use of resources and expenditure during the year (a “budget”), and

b

by such date as the Parliamentary corporation determines, send the budget to it for approval.

2

The Commissioner may, in the course of a financial year, prepare a revised budget for the remainder of the year and send it to the Parliamentary corporation for approval.

3

In preparing a budget or revised budget, the Commissioner must ensure that the Commissioner’s resources will be used economically, efficiently and effectively.

4

A budget or revised budget must contain a statement confirming that the Commissioner has complied with the duty under subsection (3).