CHAPTER SEVEN PROVISIONS REGARDING THE FINANCES OF THE UNITED REPUBLIC PART I CONTRIBUTION AND ALLOCATION OF THE REVENUE OF THE UNITED REPUBLIC Joint Finance Account Act No.15 of 1984 Art.42 G.N.No.133 of 2001 133. The Government of the United Republic shall maintain a special account to be known as “the Joint Finance Account”, and which shall form part of the Consolidated Fund of the United Republic into which shall be paid all the moneys contributed by the two Governments in such proportions as shall be determined by the Joint Finance Commission in accordance with a law enacted by Parliament for the purposes of the business of the United Republic in relation to Union Matters. Joint Finance Commission Act No.15 of 1984 Art.42 134.-(1) There is hereby established a Joint Finance Commission consisting of not more than seven members who shall be appointed by the President in accordance with this Article and the provisions of a law enacted by Parliament. (2) The functions of the Commission shall be ­ (a) to analyze the revenue and expenditure arising from, or relating to the management of affairs concerning Union Matters, and to make recommendations to the two Governments concerning the contribution by, and the allocation to each of the Governments; (b) to keep under constant scrutiny the fiscal system of the United Republic and also the relations between the two Governments in relation to financial matters; and (c) to discharge other functions which the President shall assign to the Commission or as the President may direct, and in accordance with a law enacted by Parliament. PART II THE CONSOLIDATED FUND AND THE FINANCES OF THE UNITED REPUBLIC Consolidated Fund of the Government of the United Republic Act No.15 of 1984 Art.43 135.-(1) All revenue derived from various sources for the use of the Government of the United Republic, except for the type of revenue specified in subarticle (2) of this Article, shall be paid into one special fund to be known as the Consolidated Fund of the Government of the United Republic. (2) The revenue which shall not be paid into the Consolidated Fund of the Government of the United Republic is that which has been specified by law to be used for a specified purpose or to be paid into another fund for special use. 78