DPA_09-FINANCIAL PROVISIONS Flashcards
What constitutes the funds and assets of the Office of the Data Commissioner?
The funds consist of
allocated monies,
grants,
gifts,
donations, and
funds accrued from functions under the Act.
How often must the Data Commissioner prepare estimates of revenue and expenditure?
At least three months before the commencement of each financial year.
What is the purpose of the financial provisions in the Data Protection Act?
To ensure proper financial management and accountability of the Office of the Data Commissioner.
What types of financial support can the Office of the Data Commissioner receive?
The Office can receive grants, gifts, donations, and other endowments.
Who is responsible for preparing the financial estimates for the Office?
The Data Commissioner is responsible for preparing the estimates.
What is the significance of financial provisions in the context of data protection?
They ensure that the Office has adequate resources to perform its functions effectively.
What is the legal requirement for the Office regarding financial management?
The Office must manage its funds and assets in accordance with the provisions of the Act.
How does the Data Protection Act ensure transparency in financial dealings?
By requiring the preparation and presentation of financial estimates to the National Assembly.
What happens to funds that accrue to the Office in the performance of its functions?
Such funds are part of the Office’s financial resources and must be managed according to the Act.
What is the role of the National Assembly in the financial provisions of the Office?
The National Assembly allocates funds for the purposes of the Office.
What is the minimum time frame for submitting annual estimates to the Cabinet Secretary?
At least three months before the start of the financial year.
What types of expenditures must be included in the annual estimates?
Salaries, pensions, equipment maintenance, training, and any other expenditures related to the Act.
Who audits the annual accounts of the Office?
The accounts are audited in accordance with the provisions of the Constitution and the Public Finance Management Act, 2012.
What is the purpose of creating reserve funds by the Office?
To meet future or contingent liabilities as deemed fit by the Data Commissioner.
How does the Data Protection Act ensure compliance with financial management?
By mandating adherence to the Public Finance Management Act and other relevant laws.