Section 17Part 0 — Government Budgeting
Budget process
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Subject to subsection (1A), no later than the 1st April immediately prior to each budget period, the Cabinet, in accordance with the advice of the Minister of Finance given under section 32(c), shall establish the exact timing and process for preparing the budget for the next budget period, including the timing of the phases referred to in subsection (2), and shall cause the timetable to be gazetted immediately after the 1st April.
In a year where there is to be a General Election of members of the Cayman Islands Parliament, the budget timeline shall be established and gazetted not later than two months after the date of the General Election.
The budget process shall include a "strategic phase", a "detailed planning and budgeting phase", a "Cabinet collective review phase", a "Cayman Islands Parliament review phase" and a "documentation phase".
Defined Terms
budget periodstrategic phasedetailed planning and budgeting phaseCabinet collective review phaseCayman Islands Parliament review phasedocumentation phase
Cross References
- Section 32 of Public Management And Finance Act
section 32(c)
Referenced By
- Section 16 — Accounts and audit
Budget process established by Cabinet
- Section 42 — Budget statement
Budget timetable reference
- Section 45 — Application of Part 4 to Office of the Ombudsman
Budget process reference
- Section 54 — Additional functions of chief officer of finance
Government budget process