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Legislation of Links LandOfficial statute book

Title IV

Financial Regulations Act 2025 (FRA)

The official text of the Financial Regulations Act 2025 (FRA).

Status
In force
Citation
Title 4 of 2025
Year
2025
Subject
Economy and public services

Article 1

County Budgets

  1. Counties shall prepare annual budgets, subject to approval by the national Ministry of Finance.

  2. Counties shall allocate funds for:

  • Public services.

  • Infrastructure development.

  • Emergency reserves.

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Article 2

Revenue Collection

  1. Counties may levy local taxes, subject to national tax guidelines.

  2. Counties shall maintain transparent records of all financial transactions.

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