Section 303: Withdrawals from Consolidated Revenue Fund
Constitution of Zimbabwe
(1) No money may be withdrawn from the Consolidated Revenue Fund except to meet expenditure authorised by this Constitution or by an Act of Parliament.
(2) Money withdrawn from the Consolidated Revenue Fund must be paid only to the person to whom the payment is due.
(3) An Act of Parliament must prescribe the way in which—
(a) withdrawals are to be made from the Consolidated Revenue Fund and any other public
fund; and
(b) money in the Consolidated Revenue Fund and any other fund is to be held and
invested.
Insight: Fiscal Control Mechanism
This section establishes a critical financial safeguard by requiring legislative authorization for all government spending. It prevents arbitrary use of public funds by requiring that:
- Money can only be withdrawn with constitutional or parliamentary approval
- Payments must go directly to legitimate recipients
- Parliament must establish clear procedures for managing public funds
Essentially, this creates accountability in public finance management and helps prevent misappropriation of state resources.