Regulation C/REG.9/12/03 Approving the Budget of the Community Parliament for the 2004 Financial Year

Jurisdiction
African Regional Bodies · Economic Community of West African States (ECOWAS)
Date
18 December 2003
Language
English
Type
Legislation
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Economic Community of West African States

Regulation C/REG.9/12/03 Approving the Budget of the Community Parliament for the 2004 Financial Year

The Council of Ministers,MINDFUL of Articles 10, 11 and 12 of the ECOWAS Treaty establishing the Council of Ministers and defining its composition and functions;MINDFUL of Article 13 of the Treaty establishing the Community Parliament;MINDFUL of Protocol A/P.2/8/94 defining the composition, functions, powers and organisation of the Community Parliament;MINDFUL of the provisions of Article 69 of the Treaty which relate to the budget of the Community;MINDFUL of the Financial Regulations and Manual of Accounting Procedures of the Institutions of ECOWAS amended by Regulation C/REG.2/12/95;HAVING CONSIDERED the budget of the Community Parliament proposed by the Thirtieth Meeting of the Administration and Finance Commission held in Accra, from 8-15 December 2003;ENACTS

Article 1

The budget of the Community Parliament for the 2004 Financial Year, balanced in income and expenditure at the sum of Seven million, one hundred and three thousand, four hundred and fifty-five Units of Accounts (UA 7,103,455) is hereby approved.

Article 2

1.An amount of Four million, two hundred and forty-six thousand, four hundred and seventy eight Units of Accounts (UA 4,246,478) shall be derived from the Community Levy.
2.An additional amount in the sum of Two million, eight hundred and fifty six thousand, nine hundred and seventy seven Units of Accounts (UA 2,856,977) shall be derived from arrears of contributions and from other sources.

Article 3

This Regulation shall be published by the Executive Secretariat in the Official Journal of the Community within thirty (30) days of its signature by the Chairman of the Council of Ministers. It shall also be published by each Member State in its National Gazette within the same time-frame.
Done at Accra, this 18th day of December 2003Hon. (Dr) Kofi Konadu AprakuChairman for Council
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