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Public Finances (Management) Regulation 1996

This reprint of this Statutory Instrument incorporates all amendments, if any, made before25 November 2006 and in force at  1 July 2001.

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Legislative Counsel
Dated 25 November 2006

INDEPENDENT STATE OF PAPUA NEW GUINEA.

No. 2 of 1996.

Public Finances (Management) Regulation 1996

ARRANGEMENT OF SECTIONS.

Public Finances (Management) Regulation 1996

MADE by the Head of State, acting with, and in accordance with, the advice of the National Executive Council, under the Public Finances (Management) Act 1995, to come into operation on the date of the coming into operation of the Public Finances (Management) (Amendment) Act 1996.

Dated                   200 .

1. TENDERS FOR PROPERTY, STORES, WORKS AND SERVICES.

For the purposes of Section 40(1) and (2) of the Act, the prescribed amount is K100,000.00.

2. AMOUNT OF TENDERS.

For the purposes of Section 42(8)(a) and (b) and (10)(c) and (d) of the Act the prescribed amount is, in the case of each Board specified in Column 1 below, the amount set out in Column 2 opposite:–

Office of Legislative Counsel, PNG