SADC Financial Regulations Effective 1 April 2013 Regulation  3  -­‐  Definitions   1. For the purposes of these financial regulations and procedures, unless the context otherwise states: “Accounting Officer” refers to the Executive Secretary who has overall responsibility for financial administration of SADC resources as per Article 15(1) (g) of the Treaty; “Adjustments Budget” refers to any Council approval of budget subsequent to the original budget approval; “Audit Charter” means the Manual outlining the authority and mandate, duties and responsibilities and scope of the operations of the Internal Auditor; “Audit Committee” means the Committee established for the purpose of reviewing compliance with financial, regulatory, corporate governance, accountability and transparency frameworks enacted for SADC under provisions of Article 11(g) of the Treaty; “Budget Committee” means the Committee appointed by the Accounting Officer to deliberate on the progress in the implementation of approved RISDP and SIPO priorities; “Council” means the Council of Ministers of SADC established by Article 9 of the Treaty; “Controlling Officer” means any person appointed by the Accounting Officer who is: (a) head or principal person in-charge of a Department, Directorate or Unit; and (b) charged with a duty to, or who actually does collect, receive, disburse or deal in any way with any SADC funds, or a person who is charged with the purchase, receipt, or custody, or disposal of, or the accounting for, any SADC resources; (c) accountable to the Accounting Officer for the implementation of the appropriation of approved expenditure of vote under his/her control in accordance with approved SADC Regulations, Policies and Procedures; “Delegations Register” means the register maintained by the DBF that displays each Vote, and KRA falling under the responsibility of each Controlling Officer; Page 8 of 100