Section 28: Amendment of section 16

Section 16 of the Principal Act is amended in subsection (1) by substituting for paragraph (b), a new paragraph “(b)” -
“(b) based only on procurement plans supported by prior budgetary appropriations and no procurement proceedings shall be formalised until the procuring entity has ensured that there is approved procurement plan, subject to the threshold in the regulations made by the Bureau as well as guidelines issued by the Minister of Finance, has obtained a “Certificate of ‘No Objection’ to Contract Award” from the Bureau.”