84
No. 2 of 2016] Constitution of Zambia (Amendment)
(2)
Clause (1) does not apply to monies—
(a) prescribed for a public fund established for a specific
purpose; or
(b) that a State organ or State institution may retain for the
purpose of defraying the expenses of the State organ or
State institution, as prescribed.
Withdrawal
from
Consolidated
Fund
201. (1) Monies shall not be withdrawn from the Consolidated
Fund except—
(a) to meet expenditure charged on the Consolidated Fund by
this Constitution or as prescribed; or
(b) where the issuance of those monies has been authorised
by a warrant signed by the President, an Appropriation
Act or a Supplementary Appropriation Act in accordance
with Article 203.
(2) The investment or lending of monies forming part of the
Consolidated Fund, in accordance with Articles 206 and 207,
respectively, shall not be considered a withdrawal from the
Consolidated Fund.
Annual
financial
estimates of
revenue and
expenditure
202. (1) The Minister responsible for finance shall prepare
and lay before the National Assembly in each financial year, not
later than ninety days before the commencement of the next financial
year, estimates of revenue and expenditure for the Republic.
(2) The Minister responsible for finance shall, when presenting
the estimates of revenue and expenditure, in accordance with clause
(1), specify the maximum limits that the Government intends to
borrow or lend in that financial year.
(3) In a year where a general election is held, the Minister
responsible for finance shall cause to be prepared and laid before
the National Assembly, within ninety days of the swearing in of the
President, estimates of revenue and expenditure for the Republic
for the next financial year.
(4) The National Assembly may vary estimates of revenue
and expenditure but shall not amend the total amount of estimates
of revenue and expenditure.
(5) The National Assembly shall, by a resolution of the Members
of Parliament, approve the financial estimates of revenue and
expenditure for the next financial year.