BAYELSA STATE FISCAL RESPONSIBILITY (AMENDMENT NO. 1) LAW, 2012

16 Apr

GOVERNMENT OF BAYELSA STATE OF NIGERIA

Image

BAYELSA STATE FISCAL RESPONSIBILITY

(AMENDMENT NO. 1) LAW, 2012

 

ARRANGEMENT OF SECTIONS

SECTIONS

  1. Amendment of the Bayelsa State Fiscal Responsibility Law, 2009

 

  1. Repeal of Section 38, Part VII of the Principal Law
  2. Repeal of Section 49, Part XI of the Principal Law
  3. Repeal of Section 50, Part XI of the Principal Law
  4. Amendment of Section 51, Part XI of the Principal Law
  5. Short Title and Commencement

 

 

 

GOVERNMENT OF BAYELSA STATE OF NIGERIA

BAYELSA STATE FISCAL RESPONSIBILITY

(AMENDMENT NO. 1) LAW, 2012

A LAW to provide for the Amendment of the Bayelsa State Fiscal Responsibility Law, 2009.

Commencement          (                                                                       )

BE IT ENACTED by the House of Assembly of Bayelsa State of Nigeria and by the Authority of same as follows:

Amendment of the Bayelsa State Fiscal Responsibility, 2009

 

 

1.

The Bayelsa State Fiscal Responsibility Law, 2009 in his Law referred to as the Principal Law is hereby amended as set out herein under.

 

Repeal of Section 38 of Part VII of the Principal Law

 

2.

Section 38 Subsections (1) to (7) of the Principal Law

Repeal of Section 49 of Part XI of the Principal Law

3.

Section 49 Subsection (1) to (2) of the Principal Law are hereby repealed.

 

 

Repeal of Section 50 of Part XI of the Principal Law

4.

Section 50 subsections (1) to (3) of the Principal Law are hereby repealed.

 

 

Amendment of Section 51 of Part XI of the Principal Law

5.

Section 51 of the Principal Law is amended as follows:

(a)  In line 2 after the word “Budget” insert the words “and the Local Government Councils through their respective finance departments”.

 

(b) Insert after the word “Commissioner” in line 7 of the Principal Law the following new words” and the supervisory councilor of the respective Local Government Councils in-charge of Finance”.

 

 

Short Title and Commencement

7.

This Law may be cited as the Bayelsa State Fiscal Responsibility (Amendment No. 1) Law, 2012 and shall come into force on the …………………………… day of……………………………… 2012.

 


 

This printed impression has been carefully compared by me with the Bill which has passed the Bayelsa State House of Assembly and found by me to be a true and correctly printed copy of the said Bill.

 

 

…………………………………………….

Mr. AARON NICODEMUS TIMIYE

Clerk of the House

 

 

Assented the …………………………. day of …………………. 2012

 

 

 

…………………………………………………….

HON. HENRY SERIAKE DICKSON

Governor of Bayelsa State

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