SADC Financial Regulations Effective 1 April 2013 Regulation  24  -­‐  Changes,  Additions  and  Modifications   1. All suggested changes, modifications or additions to the regulations shall be approved by Council before incorporation. 2. The DBF shall ensure that approved updates are incorporated in the regulations and circulated to all staff. 3. Financial management procedures may be revised with approval of the Accounting Officer provided that: a) they are in compliance with these regulations; b) any revision of procedures should be restricted to once per annum prior to commencement of the preparation of the Budget and Corporate Plan; and c) the Accounting Officer may revise procedures more frequently than once per annum in exceptional circumstances where existing procedures are deficient to such an extent that poor financial management practices are prevalent and resulting in adverse consequences. Page 37 of 100