Public Sector (Governance) Act 2018 · 2020 Revised Edition · Part 5 · Financial Administration
34. Annual estimates
Feedback & supportA public body or its governing body must, in every financial year of the public body, prepare or cause to be prepared, and must adopt a statement containing annual estimates of its revenue and expenditure for the following financial year.
public body
“public body” means a body corporate established by a public Act for the purposes of a public function but excludes a Town Council established under section 4 of the Town Councils Act 1988;
A copy of the statement of annual estimates mentioned in subsection (1) must, upon their adoption by the public body or its governing body (as the case may be), be sent as soon as possible to the responsible Minister for the public body.
governing body
“governing body”, for a public body, means the public body unless the constitutional Act of the public body specifies otherwise;