ENFORCEMENT DECREE OF THE LOCAL ACCOUNTING ACT

CHAPTER I GENERAL PROVISIONS

Article 1(Purpose) #

The purpose of this Decree is to provide for the matters mandated by the Local Accounting Act and the matters necessary for the enforcement thereof.

Article 2(Determination of Fiscal Year to Which Revenues and Expenditures Are Attributed) #

(1) The fiscal year to which revenues and expenditures are attributed referred to in Article 6 (2) of the Local Accounting Act (hereinafter referred to as "Act")　shall be classified as follows:

1. Revenues with a fixed deadline for payment: The year to which the deadline (referring to the deadline for payment before the deadline for payment was postponed where the deadline for payment has been be postponed pursuant to Article 19 (4) and (5)) for payment belongs: Provided, That where a notice of payment fails to be issued during the fiscal year to which the deadline for payment belongs, it refers to the year to which the date of issuing a notice of payment belongs;

2. Irregular revenues for which a notice of payment is issued:　The year to which the date of issuing the relevant notice of payment belongs: Provided, That in cases of revenues which are irregular revenues and are attended with basic revenues, it refers to the year to which the basic revenues belong;

3. Irregular revenues for which a notice of payment is not issued:　The year to which the date of receiving the revenues belongs: Provided, That in cases of local government bonds, loans, charges, grants, subsidies, contributions, repayments, and other revenues similar thereto, it refers to the year to which the relevant budget belongs.

(2) The fiscal year to which expenditures are attributed referred to in Article 6 (2) of the Act shall be determined as follows:

1. The principal and interest accrued therefrom of a local government bond: The year to which the due date of payment belongs;

2. Refunds, money for coverage of loss, repayments, or others similar thereto: The year to which the date of deciding payment belongs;

3. Charges, grants, subsidies, contributions, or others similar thereto: The year to which the relevant budget belongs;

4. Compensation for actual expenses, wages, travel expenses, fees, or others similar thereto: The year to which the date the grounds for payment arose belongs;

ENFORCEMENT DECREE OF THE LOCAL ACCOUNTING ACT

Article 1(Purpose) #

Article 2(Determination of Fiscal Year to Which Revenues and Expenditures Are Attributed) #

Article 3(Exception to Handling by Deadline for Closing Receipt and Disbursement) #

Article 4(Application of Matters concerning Education, Science, and Sports) #

Article 5(Affairs of Accounting Officers) #

Article 6(Organization and Operation of Local Accounting System Deliberative Committee) #

Article 7(Removal from Office or Dismissal of Members) #

Article 8(Standards for Designation of Specialized Institution on Local Accounting) #

Article 9(Revocation of Designation of Specialized Institution on Local Accounting) #

Article 10(Submission of Statement of Accounts) #

Article 11(Explanation and Education for Inspectors of Settlement) #

Article 12(Preparation of Statement of Accounts) #

Article 13(Audit Report by Certified Public Accountant) #

Article 14(Submission and Preparation of Documents Accompanying Statement of Accounts) #

Article 15(Details and Standards of Preparation of Gender-Responsive Statement of Accounts) #

Article 16(Handling of Surplus Accruing from Settlement of Accounts) #

Article 17(Transfer of Budgetary Surplus Prior to Settlement of Accounts) #

Article 18(Decision on Examination of Revenues) #

Article 19(Notice of Payment) #

Article 20(Receipt by Treasurer Receiving and Disbursing Revenues) #

Article 21(Payment of Money Received) #

Article 22(Receipt in Treasury) #

Article 23(Payment in Securities) #

Article 24(Revenues in Revenue Stamps) #

Article 25(Concurrent Office of Collection Agencies and Receiving Agencies) #

Article 26(Scope of Income-Generating Expenses) #

Article 27(Disbursement of Income-Generating Expenses in Excess of Budget) #

Article 28(Procedures for Return of Disbursements) #

Article 29(Treasury’s Notice of Return of Disbursements) #

Article 30(Preparation and Submission of Report of Collection) #

Article 31(Interest on Overpaid or Erroneously Paid Money Returned) #

Article 32(Allocation of Funds) #

Article 33(Checking Prior to Payment Order) #

Article 34(Payment Following Payment Order) #

Article 35(Matters to Be Stated in Written Payment Order) #

Article 36(Types of Payment Order) #

Article 37(Method of Disbursement) #

Article 38(Scope of Day-to-Day Expenses) #

Article 39(Restriction on Grant of Funds for Day-to-Day Expenses) #

Article 40(Payment of Funds Prior to Beginning of Fiscal Year) #

Article 41(Causative Act of Payment Regarding Day-to-Day Expenses) #

Article 42(Temporary Treasurer Receiving and Disbursing Day-to-Day Expenses) #

Article 43(Submission of Statement of Calculation) #

Article 44(Advance Payment) #

Article 45(Scope of Payment by Estimate) #

Article 46(Where Agencies in Charge of Disbursement Can Concurrently Serve as Agencies in Charge of Receipt and Disbursement) #

Article 47(Supplementary Expenses) #

Article 48(Agreement for Affairs of Treasury) #

Article 49(Vicarious Handling of Part of Affairs of Treasury) #

Article 50(Inspection of Treasury) #

Article 51(Keeping in Treasury of Cash Other than Revenues and Expenditures and Securities) #

Article 52(Exception to Restriction on Management of Cash) #

Article 53(Integrated Disbursement Officer) #

Article 54(Treasurer’s Report of Loss) #

Article 55(Disbursement of Money for Coverage of Loss) #

Article 56(Financial Guarantee for Accounting Officials) #

Article 57(Inspection of Books) #

Article 58(Internal Control) #

Article 59(Keeping of Books of Collection) #

Article 60(Keeping of Books in Treasury) #

Article 61(Treasury’s Submission of Daily Table) #

Article 62(Operation of Integrative Revenue Receipt Management System) #

Article 63(Handling of Accounting Affairs through Local Government Finance Management System) #

Article 64(Matters Regarding Handling of Accounting Affairs) #

Article 65(Offset) #

Article 66(Education for Accounting Officials) #

Article 67(Calculation of Fractions) #

Article 68(Handling of Personally Identifiable Information) #