Australian Capital Territory Current Acts

FINANCIAL MANAGEMENT ACT 1996 - SECT 18A

    (1)     This section applies if—

        (a)     in a financial year, the Treasurer authorises a Treasurer's advance for a payment; and

        (b)     the authorisation states that the payment may be provided for in an Appropriation Act other than the first Appropriation Act (a  supplementary appropriation Act ) in the financial year.

    (2)     If a supplementary appropriation Act is passed for the payment—

        (a)     the Treasurer's advance ceases; and

        (b)     the amount of the Treasurer's advance is taken for all purposes to have been paid out of money appropriated by that Act; and

        (c)     the amount appropriated for section 18 (Treasurer's advance) for the financial year is taken to be restored by the amount of the Treasurer's advance.

    (3)     If a supplementary appropriation Act is not passed for the payment, the payment continues to be authorised from the appropriation for section 18 for the financial year.