(1) Monies shall not be paid out of the Consolidated Fund except—
(a) to meet expenditure which is chargeable upon it by the Constitution or any enactment;
(b) where the payment has been authorised by an Appropriation Act or by a warrant under the hand of the Minister given in accordance with this Act;
(c) for the purpose of repaying any monies received in error into the Consolidated Fund; or
(d) for the purpose of paying such sums as may be required for any refund, rebate or drawback where the payment of that refund, rebate or drawback is provided for in any enactment;
(2) Monies shall not be paid out of the Consolidated Fund except in the manner prescribed by this Act.
(3) Any monies forming part of the Consolidated Fund which are—
(a) deposited with a bank or other financial institution; or
(b) invested in an authorised manner,
shall not, for the purpose of this section, be considered to have been issued from the Consolidated Fund by reason only of that deposit or investment.