NTC decision No. 119 for 2011 concerning establishment of accountancy bureau
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NTC decision No. 119 for 2011 concerning establishment of accountancy bureau

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National Transitional Council (NTC), Libya

 

 

NTC decision No. 119 for 2011 concerning establishment of accountancy bureau

 

- After reviewing the statement of the victory of the revolution of 17th February 2011 issued on 22.02.2011

- and decision for forming the temporary NTC and terms of reference

- and council’s basic system and internal rules

- and outcome of NTC meeting

 

It is decided

 

Article 1

To establish accountancy bureau to be annexed with the temporary NTC and aims to achieve effective control on public funds

 

according Law No. 11 for 1995 concerning establishment of control department

 

Article 2

To resume work with Law No. 11 for 1995 concerning establishment of administrative control department and its executive

 

rules

 

Article 3

To cancel Law No. 2 for 2007 organizing people’s inspection and control and Law No. 3 for 2007 concerning establishment and

 

organization of financial auditing department

 

Article 4

To amalgamate people’s inspection and control department and financial auditing department referred to in the previous

 

article in the accountancy bureau established according legislations of this decision

 

Article 5

NTC will authorize manager and deputy for the accountancy bureaus with decision to be issued in this respect temporarily

 

Article 6

Benghazi will be temporarily the head quarter of the established accountancy bureau until liberation of Tripoli

 

Article 7

The following expressions to be substituted whenever mentioned in Law No.  11 for 1995 concerning establishment of

 

administrative control department referred to:

People’s control department                      accountancy bureau

People’s congress                                      NTC

GPC                                                         NTC (EO)

 

Article 8

This decision to be applied from date of issue, to cancel any contradicting legislation, to be executed by the concerned,

 

local councils to be notified and to be published in the national media means

 

NTC, Libya

Issued at Benghazi on 14.08.2011