Australian Capital Territory Current Acts

FINANCIAL MANAGEMENT ACT 1996 - SECT 13

    (1)     This section applies if the Treasurer presents a bill for an Appropriation Act relating to a financial year to the Legislative Assembly, other than—

        (a)     the bill for the first Appropriation Act relating to the year; or

        (b)     the bill for the first Appropriation Act for the appropriation for the Office of the Legislative Assembly relating to the year.

    (2)     The Treasurer must also present supplementary budget papers to the Assembly.

    (3)     The supplementary budget papers must, for each territory entity for which an appropriation is provided by the bill (an affected entity )—

        (a)     state, for each purpose mentioned in section 8 that applies to the affected entity—

              (i)     the amount of the appropriation provided in the first Appropriation Act; and

              (ii)     the variations (if any) previously made to the appropriation under this Act; and

              (iii)     the amount of the appropriation provided by the bill; and

              (iv)     the total amount appropriated for the entity for the financial year; and

        (b)     include a budgeted financial statement for each affected entity that—

              (i)     includes details of the impact on the budget of the affected entity of all variations to the appropriation that happened until the last day when it was practicable to provide for it in the relevant supplementary Appropriation Bill before the bill was introduced into the Legislative Assembly; and

              (ii)     may show the impact of variations other than variations resulting from additional appropriations.

Example—par (b) (ii)

the impact of revised economic forecasts