General Financial (Amendment) Regulations, 2010

L.N. 474 of 2010

FINANCIAL ADMINISTRATION AND AUDIT ACT

(CAP. 174)

General Financial (Amendment) Regulations, 2010

IN exercise of the powers conferred by subarticle (1) of article 4

of the Financial Administration and Audit Act, the Minister of

Finance has made the following regulations:-

The title of these regulations is the General Financial Citation.

(Amendment) Regulations, 2010, and these regulations shall be read

and construed as one with the General Financial Regulations, S.L. 174.01

hereinafter in these regulations referred to as "the principal

regulations".

For regulation 104 of the principal regulations there shall Substitutes

regulation 104

be substituted the following

of the principal

regulations.

"104. For the purposes of this Part of these regulations,

"stores" shall include supplies of a general character required

for ordinary works and services carried out during the course of

a financial year, goods or equipment which are deemed to be in

excess, and goods beyond economic repair or beyond

upgrading.".

Regulation 105 of the principal regulations shall be re- Re-numbers

numbered as regulation 106, while regulation 106 of the principal regulations

and 106 of the

regulations shall be re-numbered as regulation 105.

principal

regulations.

In sub-regulation (1) of regulation 105, as re-numbered, of Amends

the principal regulations for the words "shall satisfy themselves" regulation

of the principal

there shall be substituted the words "shall ensure".

regulations.

For sub-regulation (1) of regulation 108 of the principal Amends

regulation 108

regulations, there shall be substituted the following

of the principal

regulations.

"(1) The condemnation as unserviceable and writing off

of stores, referred to in regulation 104, or other articles shall be

sanctioned by the Permanent Secretary responsible for the

department concerned on the report of a Board of Survey, which

board shall not include any members of the staff of the

Department concerned.".

For regulation 110 of the principal regulations, there shall Substitutes

regulation 110

be substituted the following

of the principal

regulations.

"110 Except where the Permanent Secretary responsible

for the department concerned otherwise directs, surplus store

items mentioned under regulation 104 shall be disposed of by

the Director of Contracts following a public call for tenders

issued by him

Provided that

(a) such store-items which when grouped by

category do not exceed the estimated value of forty-seven

thousand euro (€47,000) per group may be disposed of

departmentally as may be approved by the Permanent

Secretary responsible for the department concerned

following an auction or a departmental call for tender;

(b) such store-items which when grouped by

category do not exceed the estimated value of six thousand

euro (€6,000) per group may also be disposed of

departmentally at the discretion of the Permanent

Secretary responsible for the department concerned

following the receipt of not less than five quotations from

the open market;

(c) such store-items which when grouped by

category do not exceed the estimated value of one

thousand and two hundred euro (€1,200) per group may

also be disposed of departmentally at the discretion of the

Head of the Department concerned

Provided further that, in all instances, public officers

shall not be allowed to quote or to tender for the acquisition of

such store-items both in a direct or in an indirect manner.".

€0.19