Appropriation (2016) Act, 2015

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Short title: 
Appropriation (2016) Act, 2015
Long title: 
Appropriation (2016) Act, 2015
Year of Act: 
2015
Number of Act: 
11/2016
Date of assent: 
31 December 2015
Date of promulgation: 
31 December 2015
Date of commencement: 
01 January 2016
In force: 
2016-01-01
Link to Related Legislation: 
S 17(5) of the Public Finance Management Act Chapter 22:19, (No. 11 of 2009),
Taxonomy: 
Appropriation , 2016

To apply a sum of money for the service of Zimbabwe during the year ending on the 31st December, 2016.

 

ENACTED by the Parliament and the President of Zimbabwe.

 

1 Short title

This Act may be cited as the Appropriation (2016) Act, 2015

 

2 lnterpretation

In this Act-

"Estimates of Expenditure" means the Estimates of Expenditure for the year ending on the 31st December 2016, submitted to and passed by the National Assembly;

"Vote" means a vote appropriation for the year ending on the 31st December',

2016, as specified in the Estimates of Expenditure.

 

3 Consolidated Revenue Fund charged with US$3,398,128,000

The Consolidated Revenue Fund is hereby charged with such sums of money as may be required for the service of Zimbabwe during the year ending on the 31st December', 2016, not exceeding in aggregate the sum of three billion three hundred and ninety-eight million one hundred and twenty-eight thousand United States dollars.

 

4 Application of moneys granted

Subject to section 17(5) of the Public Finance Management Act Chapter 22: 19 (No. 11 of 2009), the moneys appropriated shall be applied to the services detailed in the Schedule and more particularly specified in the Estimates of Expenditure