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Dominica (223) > Administration and financing (19)

Name: Social Security (Financial and Accounting) Regulations 1987 (S.R.O. no. 66 of 1987)
Country: Dominica
Subject(s): Administration and financing
Type of legislation: Regulation, Decree, Ordinance
Adopted on: 1987-12-15
Entry into force:
Published on: Printed Separately, 11 p. (DOC.NORMES)
ISN: DMA-1987-R-55282
Bibliography: Printed Separately, 11 p. (DOC.NORMES)
Legislation on-line Legislation on-line UN Gender Equality Observatory for Latin America and Caribbean PDF PDF (DOC.NORMES) (consulted on 2019-10-15)
Abstract/Citation: Provides for the financial organization and accounting system of social security funds. Part One establishes the financial organization of social security. Establishes three benefit branches: short-term (maternity and sickness benefits), long-term (old age, disability, survivors' and funeral benefits) and employment injury benefit branches. Establishes the principles for the funding of each branch. Part Two governs procedures for making yearly budget estimates. Part Three regulates financial control. Establishes the financial authrorities of staff. Provides for internal audits and reports. Part Four regulates accounts. Establishes the accounting system for the administration of funds. Regulates the distribution of the income of funds and the distribution of expenditures. Establishes working cash reserves and minimum reserve levels. Governs account audits.
Amending text(s):

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