Motions
Extension of period of time under sections 24(1) and 25(1) of the Exchequer and Audit Act Chap. 69:01
Both - 4th Session - 12th Republican Parliament
WHEREAS it is provided by section 24 of the Exchequer and Audit Act, Chap. 69:01(“the Act”) that within a period of four months after 30th September in each year, the Treasury shall cause to be transmitted to the Auditor General accounts (hereinafter referred to as “financial accounts”) showing fully the financial position of Trinidad and Tobago on the said 31st December;
AND WHEREAS it is provided by section 25(1) of the Act, that on receipt of the financial accounts prescribed by section 24, the Auditor General shall cause them to be examined and audited and shall, within a period of seven months after 30th September in each year;
AND WHEREAS the said section 24(1) provides that the period provided for the transmission of the financial accounts by the Treasury to the Auditor General may be extended to such longer period thereafter as Parliament may by resolution appoint;
AND WHEREAS the said section 25(1) also provides that the period provided for the examination and auditing of the accounts may be extended to such longer period thereafter as Parliament may by resolution appoint;
AND WHEREAS it is necessary that in respect of the financial accounts for 2023 that the period of time specified under section 24(1) of the Act and the period of time specified in section 25(1) of the Act be extended for the purposes stated in the said section:
BE IT RESOLVED that for the purpose of the financial accounts for 2023 that the period of time under section 24(1) of the Exchequer and Audit Act be extended from the period of four months after the 30th September 2023 to a period of eight months after the 30th September, 2023:
AND BE IT FURTHER RESOLVED that for the purpose of the financial accounts for 2023 that the period of time under section 25(1) of the Exchequer and Audit Act be extended from the period of seven months after the 30th September 2023 to a period of eleven months after the 30th September, 2023.
(By the Minister of Finance)

19 votes for, 14 votes against, no abstentions

23 votes for, 6 votes against, 1 abstention