- 6 Marks
PSAF – Nov 2020 – L2 – Q5b – Public sector financing initiatives
State and explain three measures the Finance Minister shall take when recognizing illegally occupied government land or building.
Question
In accordance with Section 4 (2) (d) of the Public Financial Management Act 2016 (Act 921), the Minister of Finance shall manage Government property, Financial assets, Government debts, Government guarantees, and other contingent liabilities specified under Act 921. Paragraph 160 (2) of Public Financial Management Regulations, L.I 2378 of 2019 sets out measures the Finance Minister shall take upon recognizing that Government land or building is illegally occupied by an unauthorized person.
Required:
State and explain THREE (3) measures the Finance Minister shall take, upon recognizing that Government land or building of a covered entity is illegally occupied by an unauthorized person. (6 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Government property, PFM Act, property management, Public Sector Accounting
- Level: Level 2
- Topic: Public sector financing initiatives
- Series: NOV 2020
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