(1) Appropriation transfers may, during the financial year, modify the distribution of budget appropriations between programmes.
(2) The cumulative amount of appropriation transfers made during the same financial year may not exceed 2% of the appropriations opened for each of the programmes concerned. Payment appropriation transfers to investment expenditure may not lead to an increase in commitment authorizations. They shall be carried out by order of the Chief Executive of the local authority.
(3) Transfer orders shall immediately be notified to the deliberative organ for information.
Official text
Transcription: Spot-checked
In force from 24-12-2019
Source page 97
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 413 of the Law No 2019/024 of 24 december 2019 bill to institute the general code of regional and local authorities/akn/cm/act/loi/2019-12-24/2019-024
Report an error in this text
AI features are in beta
Where an official English or French text exists, we show it; where none does, we give
a translation, clearly marked as one and never presented as the official text. We make
every AI feature as accurate as we can, but it can be wrong and is not legal advice —
always check the cited official text.