Order 88 from the Standing Orders, 2020 prescribes for the below:
(1)The Finance and Public Accounts Committee of the Assembly shall consist of seven Members appointed by the Assembly from among its Members at the Commencement of each session.
(2)The functions of the Committee shall be:— (a) To consider the accounts referred to in article 158(3) of the Constitutions in conjunction with the Auditor General's report; (b) To report to the Assembly on any excess of authorised expenditure; and (c) To propose any measures, it considers necessary to ensure that the funds of the Government are properly and economically spent: (d) To examine the financial statements of any public or statutory body and to consider any other matters related to public funds that may require an investigation or special audit.
(3) The Committee shall have power to summon and examine persons and records and to take evidence.
(4) The Committee shall report to the Assembly from time to time.
(5) The Committee shall elect its own Chairperson, who shall customarily be the Leader of the Opposition, and Vice-Chairperson and, if the Chairperson is unable to be present at any meeting, the Vice-Chairperson shall chair the Committee