Australian Capital Territory Current Acts

FINANCIAL MANAGEMENT ACT 1996 - SECT 37

    (1)     Unless provided elsewhere under this Act or another territory law, an amount must not be paid out of the territory banking account except under an appropriation to a banking account of a territory entity.

Examples—provided elsewhere

1     this Act, s 38 and s 58

2     the Lifetime Care and Support (Catastrophic Injuries) Act 2014

, s 80

3     the Public Sector Workers Compensation Fund Act 2018

, s 14

4     the Territory Superannuation Provision Protection Act 2000

, s 11

    (2)     This section does not apply to an overdraft or credit facility for a territory authority approved under section 59 (5).

    (3)     Also, an amount paid into the territory banking account by a territory entity that is paid in excess, may be transferred from the territory banking account to the banking account of the territory entity without appropriation.