Illustration of Bill proposes transfer of financial oversight

Transfer of Financial Oversight: Fiji Revenue and Customs Service Role Shifted to Tertiary Scholarships and Loans Service

The Fiji Revenue and Customs Service will no longer be involved in approving travel and monitoring payments of bonds for Tertiary Scholarships and Loans Service students if the Tertiary Scholarships and Loans Service (Budget Amendment) Act 2024 is passed in Parliament next week.

The Bill was introduced last week as part of the 2024-2025 budget process.

All responsibilities of Fiji Revenue and Customs Service will be shifted to Tertiary Scholarships and Loans Service.

“Clause 3 of the Bill amends section 5(d) of the Act by deleting the reference to the Fiji Revenue and Customs Service. This change reflects the transfer of responsibilities from the Fiji Revenue and Customs Service to the Service,” states the Bill.

“Clause 4 of the Bill amends section 16 of the Act by deleting all references to the Fiji Revenue and Customs Service. This amendment aligns with the transfer of functions to the service.”

Three other clauses in the Bill refer to the deleting of Fiji Revenue and Customs Service from the Tertiary Scholarships and Loans Service (Budget Amendment) Act 2024.

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