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This is a Bill, not an Act. For current law, see the Acts databases.


APPROPRIATION (LOOSE-FILL ASBESTOS INSULATION ERADICATION) BILL 2014-2015

2014

THE LEGISLATIVE ASSEMBLY

FOR THE AUSTRALIAN CAPITAL TERRITORY

(As presented)

(Treasurer)

Appropriation (Loose-fill Asbestos Insulation Eradication) Bill 2014-2015



Contents

Page

2014

THE LEGISLATIVE ASSEMBLY

FOR THE AUSTRALIAN CAPITAL TERRITORY

(As presented)

(Treasurer)

Appropriation (Loose-fill Asbestos Insulation Eradication) Bill 2014-2015

A Bill for

An Act to appropriate money for the Loose-fill Asbestos Insulation Eradication Scheme and related purposes for the financial year that began on 1 July 2014









The Legislative Assembly for the Australian Capital Territory enacts as follows:

1 Name of Act

This Act is the Appropriation (Loose-fill Asbestos Insulation Eradication) Act 2014-2015

.

2 Commencement

This Act commences, or is taken to have commenced, on 1 July 2014.

3 Purposes of Act

This Act is made for the purposes of—

(a) the Self-Government Act

, section 57 and section 58; and

(b) the Financial Management Act

, section 6 and section 8.

4 Definitions for Act

In this Act:

agency means a directorate, territory authority or territory-owned corporation.

Financial Management Act means the Financial Management Act 1996

.

financial year means the year that began on 1 July 2014.

5 Terms used in Financial Management Act

A term used in the Financial Management Act

has the same meaning in this Act.

6 Appropriations of $762 031 000—Loose-fill Asbestos Insulation Eradication Scheme

If an agency is mentioned in a part of schedule 1, column 1—

(a) the amount mentioned in that part, column 4 is appropriated to the agency for the additional net cost of providing outputs in the financial year for the appropriation unit mentioned in that part, column 2 (the relevant appropriation unit); and

(b) the amount mentioned in that part, column 5 is appropriated to the agency for additional capital injection in the financial year for the relevant appropriation unit; and

(c) the amount mentioned in that part, column 6 is appropriated to the agency for additional payments to be made on behalf of the Territory in the financial year for the relevant appropriation unit.

7 Appropriation units and output classes

(1) A group of outputs mentioned in schedule 1, column 3 is identified as a class of outputs for the Financial Management Act

.

(2) An appropriation unit mentioned in schedule 1, column 2 consists of the class of output mentioned in column 3 for the appropriation unit.

Schedule 1 Appropriations, appropriation units and output classes

(see s 6 and s 7)

column 1

agency
column 2

appropriation unit
column 3

class of output

column 4

net cost of outputs

column 5

capital injection

column 6

payments on behalf of Territory
column 7

total







$
$
$
$
Part 1.1

Chief Minister, Treasury and Economic Development Directorate


Chief Minister, Treasury and Economic Development Directorate
1 Loose-fill Asbestos Insulation Eradication


337 777 000


412 223 000




750 000 000
Part 1.2
Territory Banking Account

Territory Banking Account
1 Territory Banking Account




12 031 000
12 031 000
Total appropriated to agencies






337 777 000


412 223 000


12 031 000


762 031 000

Endnotes

1 Presentation speech

Presentation speech made in the Legislative Assembly on 25 November 2014.

2 Notification

Notified under the Legislation Act

on 2014.

3 Republications of amended laws

For the latest republication of amended laws, see www.legislation.act.gov.au

.





























© Australian Capital Territory 2014

 


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