(b) the borrowing of money, or the giving of any guarantee, by the Federal Government, or the amendment of the law relating to the financial obligations of that Government;
(c) the custody of the Federal Consolidated Fund, the payment of moneys into or the issue or appropriation of moneys from, such Fund;
(d) the imposition of a charge upon the Federal Consolidated Fund, or the abolition or alternation of any such charge;
(e) the receipt of moneys on account of the Federal Consolidated Fund, or the Public Account of the Federation, or the custody or issue of such moneys, or the audit of the accounts of the Federal or a Provincial Government; and
(f) any matter incidental to any of the matters specified in the aforesaid subclauses.
(2) A Bill shall not be deemed to be a Money Bill by reason only that
(a) It provides for the imposition or alteration of any fine, or other pecuniary penalty, or for the demand or payment of a license fee, or a fee or charge for any service rendered; or
(b) It provides for the imposition, abolition, remission, alteration or regulation of any tax by any local authority or body for local purposes.
(3) Every Money Bill, when it is presented to the President for his assent shall bear a certificate under the hand of the Speaker that it is a Money Bill, and such certificate shall be conclusive for all purposes and shall not be questioned in any court.
59. President’s recommendation required for financial measures.- No Bill or amendment which makes provision for any of matters specified in clause (1) Article 58, or which if enacted and brought into operation would involve expenditure from the revenues of the Federation, shall be introduced or moved in the National Assembly except on the recommendation of the President.
60. No taxation except by an Act of Parliament.- No tax shall be levied for the purposes of the Federation except by or under the authority of an Act of Parliament.
61. Federal Consolidated Fund and the Public Account of the Federation.- (1) All revenues received by the Federal Government, loans raised by that Government and all moneys received by it in repayment of any loan, shall form part of one consolidated fund, to be known as the Federal Consolidated Fund.
(2) All other public moneys received by or on behalf of the Federal Government shall be credited to the Public Account of the Federation.
62. Custody of public moneys of the Federation.- (1) The custody of the Federal Consolidated Fund, the payment of moneys into such Fund, the withdrawal of moneys there from, the custody of public moneys other than those credited to such Fund received by or on behalf of the Federal Government, their payment into the Public Account of the
