As my college already stated, it depends on what Members of Parliament want as a system to hold the government accountable. The first time I appeared before the Public Accounts Committee, I asked the Chair if we could introduce the idea of multi-year votes, which would make things easier for us. The Chair replied that here accounts are managed on a cash basis and that votes are also prepared on a cash basis. So, I'm trying to reconcile the two.
On September 26th, 2006. See this statement in context.