Regulations, 2007

L.N. 18 of 2007

LOCAL COUNCILS ACT

(CAP. 363)

Local Councils (Financial) (Amendment)

Regulations, 2007

IN exercise of the powers conferred by articles 67 and 72 of the

Local Councils Act, the Deputy Prime Minister and Minister for Justice

and Home Affairs, after consultations with the Prime Minister and

Minister of Finance, has made the following regulations>–

The title of these regulations is the Local Councils (Financial)

(Amendment) Regulations, 2007 and they shall be read and construed

as one with the Local Councils (Financial) Regulations 1993, hereinafter

referred to as “the principal regulations”.

In regulation 4(1) of the principal regulations immediately after

paragraph (e) thereof there shall be added the following new paragraph

(f)>–

“(f) prepare the year end financial statements, submit same

to the Council for approval after which they are to be signed by

the Mayor and himself. It will be his responsibility to ensure that

the statements are submitted to the Auditor General by not later

than May 10, of each year, or if this happens not to be a working

day, the first following working day.”.

Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press