PRESENTED BY THE MINISTER OF FINANCE AND ECONOMIC DEVELOPMENT
BILL
To apply a sum of money for the service of Zimbabwe during the year ending on the 31st December, 2014.
ENACTED by the President and the House of Assembly.
1 Short title
This Act may be cited as the Appropriation (2014) Act, 2013.
2 Interpretation
In this Act—
“Estimates of Expenditure” means the Estimates of Expenditure for the year ending on the 31st December, 2014, submitted to and passed by the House of Assembly;
“Vote” means a vote appropriation for the year ending on the 31st December, 2014, as specified in the Estimates of Expenditure.
3 Consolidated Revenue Fund charged with US$ 3,640,311,000
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, 2014, not exceeding in aggregate the sum of three billion six hundred forty million three hundred and eleven 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.
5 Power of Minister of Finance and Economic Development to authorise transfers between Votes
(1) Where, in the case of any moneys appropriated by section 3 in respect of a particular Vote set out in the Schedule which are to be applied in terms of section 4 to any particular service specified in the Estimates of Expenditure, the administration or provision of such service is assigned to a different Ministry, the Minister of Finance and Economic Development may direct that any portion of the moneys appropriated in respect of the first-mentioned Vote be transferred to such other Vote as relates to the Ministry to which the administration or provision of the service concerned has been assigned.
(2) In the case of moneys appropriated by section 3 in respect of subhead I.F. Unallocated Reserve of Vote 5, the Minister of Finance and Economic Development may direct that any of the moneys so appropriated be transferred to the Vote of any other Ministry for the purpose concerned, and any moneys so transferred shall not be applied for any other purpose:
Provided that, if any moneys so transferred are not required for the purpose concerned, the Minister of Finance and Economic Development may direct the transfer of the moneys back to subhead I.F. Unallocated Reserve of Vote 5.
(3) Moneys transferred in terms of subsections (1) and (2) shall be accounted for as if they had been appropriated by section 4 to the Vote to which they are so transferred, and shall be deemed to have been so appropriated.
