SADC Financial Regulations Effective 1 April 2013 Regulation  31  -­‐  Virement   1. All expenditure shall be debited to an appropriate approved KRA. 2. The Accounting Officer may authorise virement of budget between KRA’s within the same Vote subject to: a) the over expenditure in one KRA can be offset by savings under another KRA within the same Vote; b) the objectives of the supplementing KRA not being affected; and c) the particular virement does not result in the revised budget of any single affected KRA being 15% more or 15% less than the approved budget taking into account the cumulative effect of all virements to the approved budget. 3. Should further movement of budget be required beyond the percentages described in c) above, the provisions for Extra-Budgetary Expenditure apply. Page 47 of 100