Section 34, The Government Budgeting and Accountability Act, 2005

(1) The Minister may, from time to time, cause publicmoneys to be invested on behalf of the Government in the purchase of securities for such periods and on such terms as he thinks fit. (2) All interest received in respect of securities shall be paid into the Consolidated Fund as revenue, except where such securities are held on behalf of a trust fund and an enactment or agreement requires that that interest shall be paid into the trust fund. (3) The Minister may, where it appears to him to be convenient, from time to time, cause such investment to be sold and converted into money and the proceeds either placed to the credit of the Consolidated Fund or re-invested on behalf of the Government. (4) Profits and losses realised on the sale of securities shall be charged to revenue or expenditure, as the case may be, except where such securities are held on behalf of a trust fund and an enactment or agreement provides that profits and losses shall be chargeable to that fund. (5) At least once in every year certificates in respect of all securities and other investments shall be inspected by the Auditor- (6) The annual returns of all securities and other investments shall be prepared by the Accountant-General and forwarded for verification by the Auditor-General.