Federal Act
on the Federal Assembly
(Parliament Act, ParlA)

¹ The Fin­ance Com­mit­tees (FCs) are re­spons­ible for the fin­an­cial man­age­ment of the Con­fed­er­a­tion; they shall con­duct a pre­lim­in­ary ex­am­in­a­tion of the fin­an­cial plan­ning, the draft budget and its sup­ple­ments and the state ac­counts. They ex­er­cise su­per­vis­ory con­trol over the en­tire fin­an­cial budget in ac­cord­ance with Art­icle 26 para­graph 2, un­less this Act provides oth­er­wise.

² They may sub­mit re­ports re­gard­ing le­gis­lat­ive bills with sub­stan­tial fin­an­cial re­per­cus­sions to the com­mit­tees re­spons­ible for their pre­lim­in­ary ex­am­in­a­tion. Such le­gis­lat­ive bills may be re­ferred to them for an ac­com­pa­ny­ing re­port or for a pre­lim­in­ary ex­am­in­a­tion.⁶³

³ The Fin­ance Com­mit­tees shall be in­vited to re­port on drafts for ap­pro­pri­ation cred­its and pay­ment lim­its that are not as­signed to them for pre­lim­in­ary ex­am­in­a­tion. They have the same rights as the com­mit­tees re­spons­ible for the pre­lim­in­ary ex­am­in­a­tion with re­gard to rep­res­ent­ing their pro­pos­als in the As­sembly.⁶⁴