Part 1 
Financial and Accounting Basis and Rules

Article (1)

The Department shall apply the double entry method to substantiate their book-keeping of the financial transactions that pertain to receiving its revenues and other collections as well as the expending of its expenditures and other payments.
The double entry method means that each financial transaction, carried out by the Department, shall have two parties equal in value, one debtor and the other creditor.

Article (2)

The Department shall use the cash basis in recording their collected revenues and expended expenditures. The revenues, which have not been received during the current fiscal year, shall not be recorded in the accounting books. Also, the expenditures that have not been disbursed during the current fiscal year shall be cancelled.

Article (3)

The Department shall adopt the centralized method in paying in its collected revenues to the General Revenues Account in anticipation of transferring same to the Public Treasury's Account at the Central Bank. It shall not be permitted to use its revenues in expending its expenditures or dispose of them for any purpose.

Article (4)

The Ministry of Finance shall apply the de-centralized method in expending the Department's expenditures by transferring the Department's established allocations, according to the financial ceiling to its sub account at the Central Bank or the approved banks for expending there from according to the provisions of the General Budget Law.

Article (5)

The Ministry of Finance shall issue a circular to all Departments at the beginning of every fiscal year, outlining the parts, articles and paragraphs of each type of revenues that corresponds with the classification of the General Budget.