(2017-07) Circular No. 009 on the Auction Sale of Unused State Assets
Summary — Prime Minister Jack Guy Lafontant reminded all ministers that public institutions under their authority must submit quarterly inventories of their movable and immovable assets and financial statements to the Ministry of Economy and Finance and the Superior Court of Auditors (CSCCA), following a 6 July 2017 CSCCA letter. The circular also requires clear identification of residual accounting values for unused assets slated for disposal and calls for wide publicity around auction sales, in line with the 1 May 2014 anti-corruption law.
Key Findings
- The circular references a 6 July 2017 letter from the CSCCA president concerning public institutions' asset reporting obligations.
- Institutions must submit quarterly inventories of movable and immovable assets and financial statements to both MEF and CSCCA.
- Requests for disposal authorization (désaffectation) sent to CSCCA must specify the residual accounting value of unused assets.
- Auction sales of unused public assets must be given wide publicity, invoking Article 24 of the 1 May 2014 law on preventing and repressing corruption.
- A copy of the CSCCA's 6 July 2017 correspondence was attached to the circular.
Full Description
Dated 27 July 2017 (Circulaire No 009), the letter refers to a 6 July 2017 correspondence from the President of the Cour Supérieure des Comptes et du Contentieux Administratif (CSCCA). Prime Minister Jack Guy Lafontant draws ministers' attention to the obligation on public institutions under their authority to submit, every quarter, to both the MEF and the CSCCA, an inventory of their movable and immovable property together with their financial statements.
Furthermore, when institutions request authorization to dispose of (désaffectation) unused assets from the CSCCA, ministers must ensure the residual accounting values of the inventoried assets are clearly stated. To guarantee transparency in the auction sale of unused public assets, the circular calls for wide publicity of the process, invoking Article 24 of the 1 May 2014 law on preventing and repressing corruption. A copy of the CSCCA's correspondence was attached to the circular.