91
Appropriation and taxing measures require ministerial consent
143. Any written law, that—
(a) appropriates revenue or moneys or increases such an appropriation;
(b) imposes taxation or an increase in taxation; or
(c) reduces the amount of any debt due to the State,
may only be passed by Parliament with the consent of Cabinet, as signified by the
Minister responsible for finance.
Annual budget
144.—(1) In respect of each year ending on 31 December or on such other day as
Parliament prescribes, the Minister responsible for finance must cause to be laid before
Parliament an annual budget, reflecting estimates of revenue and of capital and current
expenditure for the year, in respect of the ordinary services of the Government and
services of Parliament.
(2) A written law may prescribe the manner in which annual estimates are to be
prepared.
Guarantees by Government
145.—(1) The Government must not guarantee the financial ability of any person
or body in respect of a loan or otherwise unless the giving of the guarantee is authorised
by Parliament in accordance with conditions prescribed by law.
(2) Parliament, by resolution, may require the Minister responsible for finance to
present to Parliament, within 7 days after the resolution, information concerning any
particular loan or guarantee, including all information necessary to show—
(a) the extent of the total indebtedness by way of principal and accumulated
interest;
(b) the use made or to be made of the proceeds of the loan or the purpose of the
guarantee;
(c) the provisions made for servicing or repayment of the loan; and
(d) the progress made in the repayment of the loan.
Public moneys to be accounted for
146. All public moneys must be dealt with and accounted for in accordance with
law and otherwise in accordance with accounting principles generally accepted in the
public sector.
Standing appropriation of Consolidated Fund for payment of certain salaries and allowances
147.—(1) This section applies to—
(a) the President;
(b) a judicial officer;
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