Australian Capital Territory Current Acts

FINANCIAL MANAGEMENT ACT 1996 - SECT 18G

    (1)     This section applies if the Treasurer authorises a capital works advance under section 18E.

    (2)     The Treasurer must attach to the next financial statement presented to the Legislative Assembly—

        (a)     a copy of the authorisation; and

        (b)     a reconciliation stating the following:

              (i)     the total amount appropriated for the capital works reserve for the financial year under section 18D;

              (ii)     the total amount of capital works advances authorised in the financial year under section 18E;

              (iii)     the total amount of reduction of capital works advances in the financial year under section 18F;

              (iv)     the amount authorised in the authorisation;

              (v)     the amount remaining in the capital works reserve for the financial year.

Note 1     For the presentation of financial statements, see s 26.

Note 2     The Treasurer must also prepare a capital works report at least every 6 months (see  s 30F).