Applications for Additional Capital Provision

Financial Regulations

Applications for additional capital provision are made by letter to the Ministry of Finance with a copy to the National Planning Commission. Where expenditure is to be brought forward, the letter must show for each project the estimated total cost in the current Annual or Supplementary Estimates, expenditure incurred up to the end of the previous financial year, current provision, and the unspent balance in the appropriate vote at the end of the previous financial year.

Reference: Federal Government Financial Regulations, FR 325

Practise Questions (1)