FINANCE (CONTROL AND MANAGEMENT) ACT

Section 6: Authorised issues from the Fund

1958Section 6 of 24Federal Republic of Nigeria

(1) It shall be lawful for the Minister to authorise by warrant the issue from the Consolidated Revenue Fund of moneys necessary to meet statutory expenditure or to meet the cost of any purpose for which any sum has been appropriated in accordance with any Act.
(2) In respect of the issue of moneys other than statutory expenditure, no authority shall be given under subsection (1) of this section in excess of the sum appropriated for the purpose concerned.
(3) Notwithstanding the issue of a warrant, the President or the Minister may limit or suspend expenditure (not being statutory expenditure) with or without cancellation of the warrant if in his opinion financial exigencies or the public interest require.

Cite this section

Section 6, FINANCE (CONTROL AND MANAGEMENT) ACT (1958).

https://repo.podus.ai/laws/finance-control-and-management-act/section/6/