REPUBLIC OF VANUATU

PUBLIC FINANCE AND
ECONOMIC MANAGEMENT (AMENDENT) ACT 
No. 22 Of 2012

Arrangement of Sections
1	Amendment
2	Commencement

REPUBLIC OF VANUATU

Assent: 30/08/2012
Commencement: 31/08/2012

PUBLIC FINANCE AND
ECONOMIC MANAGEMENT (AMENDENT) ACT 
No. 22 Of 2012

An Act to amend the Public Finance and Economic Management Act [CAP 244].
Be it enacted by the President and Parliament as follows-

1	Amendment

The Public Finance and Economic Management Act [CAP 244] is amended as set out in the Schedule.

2	Commencement

This Act commences on the day on which it is published in the Gazette.

SCHEDULE
AMENDMENTS OF public finance and economic management ACT [CAP 244]

1	Paragraph 54(2)(g)

Delete “;”, substitute “.”

2	 Paragraph 54(2)(h)

Repeal the paragraph.

3	After subsection 54(3)

Insert

“(3A)	The Minister is to provide a full report of the details and reasons for the loan and securities at the next sitting of Parliament after raising a loan.”