Advanced Search

Public Treasury (Administration and Payments) Amendment Act 2001

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
Public Treasury (Administration and Payments) Amendment Act 2001
PUBLIC TREASURY (ADMINISTRATION AND PAYMENTS)
AMENDMENT ACT 2001

1

BERMUDA
2001 : 8

PUBLIC TREASURY (ADMINISTRATION AND PAYMENTS)
AMENDMENT ACT 2001

[Date of Assent 19 March 2001]

[Operative Date 19 March 2001]

WHEREAS it is expedient to amend the Public Treasury
(Administration and Payments) Act 1969:

Be it enacted by The Queen's Most Excellent Majesty, by and
with the advice and consent of the Senate and the House of Assembly of
Bermuda, and by the authority of the same, as follows:

Citation
1 This Act may be cited as the Public Treasury (Administration and
Payments) Amendment Act 2001.

Amends Act No. 666 of 1969
2 The Public Treasury (Administration and Payments) Act 1969 is
amended by inserting next after section 22 the following new section—

"Right to set-off
22A (1) Where—

(a) any public money is recoverable from any
person; and

(b) the Minister is satisfied that that person is
entitled to recover moneys from a Government

PUBLIC TREASURY (ADMINISTRATION AND PAYMENTS)
PUBLIC TREASURY (ADMINISTRATION AND PAYMENTS)
AMENDMENT ACT 2001NDMENT BILL 1999

2

Department in respect of goods or services
provided to that Department by or on his behalf,

the Minister may, not earlier than sixty days after the date on
which such public money first becomes recoverable, authorise
the Accountant General to set-off so much of the money as the
person is entitled to recover against the public money which is
recoverable from him, as the Minister considers appropriate, in
full or part settlement of the public money that is recoverable.

(2) Where pursuant to subsection (1), the Minister authorises a
set-off in part settlement of any public money, nothing contained
in that subsection shall be construed as prohibiting the recovery,
as authorised by any law, of so much of the public money as
remains recoverable.".