Australian Capital Territory Current Acts

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FINANCIAL MANAGEMENT ACT 1996 - SECT 15A

Reclassification of certain appropriations

    (1)     If an appropriation has been classified by the Act by which it was made as an appropriation for payments to be made by a directorate on behalf of the Territory, the Treasurer may, if the Treasurer is satisfied that the appropriation should be classified as an appropriation for controlled recurrent payments to be provided to the directorate, in writing, direct that the classification of the appropriation be changed accordingly.

    (2)     If an appropriation has been classified by the Act by which it was made as an appropriation for controlled recurrent payments to be provided to a directorate, the Treasurer may, if the Treasurer is satisfied that the appropriation should be classified as an appropriation for payments to be made by the directorate on behalf of the Territory, in writing, direct that the classification of the appropriation be changed accordingly.

    (3)     If the Treasurer gives a direction under subsection (1) or (2), the Treasurer must attach a copy of the direction to the next financial statement presented to the Legislative Assembly.

Note     For the presentation of financial statements, see s 26.



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