Public Finance Management Act [Chapter 22:19] as amended as at 28 October 2016 acquisition is additional to, an improvement of or in replacement of capital assets already held and includes, in relation to a public entity, such other expenditure as the appropriate Minister and the Minister may designate prior to the approval or alteration of a capital budget as being capital expenditure; “consolidate,” in relation to annual financial statements, means to combine the annual financial statements of every Ministry, reporting unit, public entity (other than a local authority) and constitutional entity; “Consolidated Revenue Fund” means the Consolidated Revenue Fund referred to in section 302 of the Constitution; 8 “constitutional entity” means— (a) the Judiciary; or (b) Parliament; or (c) …9 (d) the Public Service Commission; or (e) the Defence Forces Service Commission;10 or (f) the Police Service Commission; or (g) the Prisons and Correctional Service11[sic]; or (h) the Zimbabwe Electoral Commission; or any other body or commission appointed in terms of the Constitution 12; “designated corporate body” means any corporate body or company referred to in paragraph (a) or (b) of the definition of “public entity” which is designated or deemed to be designated in terms of section 39; “director of finance” means a person responsible for the financial affairs of a Ministry who is directly accountable to the accounting officer of that Ministry; “discount” means any reduction allowed on an amount of revenue due to the Consolidated Revenue Fund which is authorised by the Treasury; “estimates of expenditure” means an official publication of the amounts itemised by Ministry or other heading that are sought by the Minister to be appropriated; “financial institution” means— (a) the Reserve Bank; or (b) a building society registered under the Building Societies Act [Chapter 24:02]; or 8 Definition as substituted by Act 3/2016 with effect from 1st July 2016. 9 Paragraph referring to the Public Protector repealed by Act 3/2016 with effect from 1st July 2016. 10 Paragraph as substituted by Act 3/2016 with effect from 1st July 2016. 11 Paragraph as substituted by Act 3/2016 with effect from 1st July 2016. Note erroneous omission of word “Commission”. 12 Note by Veritas. Examples of such other commissions are the Zimbabwe Anti-Corruption Commission, the Zimbabwe Media Commission, Zimbabwe Human Rights Commission, the Zimbabwe Gender Commission and the National Peace and Reconciliation Commission. -6-