CHAPTER IX BUDGET AND FINANCE

ARTICLE 29
GENERAL PRINCIPLES

1. ASEAN shall establish financial rules and procedures in
accordance with international standards.
2. ASEAN shall observe sound financial management policies
and practices and budgetary discipline.
3. Financial accounts shall be subject to internal and external
audits.

ARTICLE 30
OPERATIONAL BUDGET AND FINANCES
OF THE ASEAN SECRETARIAT

1. The ASEAN Secretariat shall be provided with the necessary
financial resources to perform its functions effectively.
2. The operational budget of the ASEAN Secretariat shall be met
by ASEAN Member States through equal annual contributions which
shall be remitted in a timely manner.
3. The Secretary-General shall prepare the annual operational
budget of the ASEAN Secretariat for approval by the ASEAN
Coordinating Council upon the recommendation of the Committee of
Permanent Representatives.

4. The ASEAN Secretariat shall operate in accordance with the
financial rules and procedures determined by the ASEAN Coordinating
Council upon the recommendation of the Committee of Permanent
Representatives.