Public Finance Management Act [Chapter 22:19] as amended as at 28 October 2016 accounts for the investment of surplus funds, which accounts shall be part of the Consolidated Revenue Fund. (2) The Treasury may establish with a financial institution or any similar body or authorise the establishment therewith, of such other accounts as it may deem necessary or desirable for the purposes of controlling or administering public money. (3) No account shall be opened with a financial institution or other such body, whether within or outside Zimbabwe, for the deposit of public moneys otherwise than in terms of this Act, unless the written authority of the Accountant-General has been obtained therefor. (4) Where an account has been opened with a financial institution or other body in terms of this section, the officer responsible for the administration of that account shall not incur any overdraft on that account otherwise than in accordance with the written authority of the Accountant-General. 23 Accountant-General’s warrants (1) The Accountant-General shall, subject to this Act, by warrant under his or her hand, authorise accounting officers to incur expenditure up to the limits and for the purposes and subject to the conditions contained therein. (2) No warrant shall be issued by the Accountant-General unless the sum and purpose for which it is issued has been included in a warrant issued by the Paymaster-General, and every warrant issued by the Accountant-General shall be subject to such limits and conditions as the Minister may determine. (3) The Accountant-General may not make any payment from or accept any charge in his or her accounts, and an accounting officer may not incur any commitment or expenditure, unless and until authorised by warrant to do so. (4) For the purposes of subsection (3), a “commitment” means a contract or other arrangement providing for a payment. 24 Special warrants for issues to meet unforeseen expenditure (1) Subject to this section, the President may, by special warrant under his or her hand directed to the Minister, authorise the issue from the Consolidated Revenue Fund in advance of appropriation by Act of Parliament of such sums as may be required for the purpose of meeting expenditure which— (a) is unforeseen or has not been provided for or has been inadequately provided for by any enactment; and (b) in the opinion of the President cannot, without detriment to the public interest, be postponed. (2) The total amount of issues authorised under subsection (1) shall not at any one time exceed one and a half14 per centum of the total amount appropriated in the last main Appropriation Act. (3) An issue authorised in terms of subsection (1) shall be submitted for appropriation by Act of Parliament on one of the fourteen days on which the National Assembly sits next after such issue has been authorised. 14 Figure reduced from “five” to “one and a half” by Act 3/2016 with effect from 1st July 2016. - 21 -