Section 27, The Public Financial Management Act, 2016

(1) The State budget shall be composed of– (a) an Appropriation Act by which Parliament gives statutory authority for the issue of money from the Consolidated Fund to meet the amounts of expenditures voted by Parliament; and (b) the Estimates which provide Parliament with additional information on voted amounts included in the Appropriation Act and are to be approved by Parliament as such after voting on the Appropriation Act. (2) In accordance with paragraph (a) of subsection (2) of section 112 of the Constitution, an Appropriation Act shall be divided into the heads of the expenditures which – (a) specify the amount appropriated per budgetary agency, except where this Act or regulations mentioned in subsection (5) provide otherwise; and (b) are voted by Parliament. (3) The Estimates shall be divided into the subheads of the expenditures which– (a) provide a breakdown of expenditures within the heads of the expenditures; and (b) further divide the expenditures into major economic categories. (4) Without prejudice to subsection (3), the Estimates may classify the expenditures into programs which group the expenditures into activities to be carried out with a view to achieving one or more specific objectives. (5) The Minister may make regulations for the implementation of subsection (3) and (4) or any other issue relating to the classification of expenditures and revenues. (6) In accordance with paragraph (b) of subsection (2) of section 112 of the Constitution, the heads of the expenditures in the Estimates and Appropriation Bill shall specify for the information of Parliament, the amount to be charged on the Consolidated Fund under paragraph (a) of subsection (3) of section 111 of the Constitution.