Australian Capital Territory Numbered Acts

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FINANCIAL MANAGEMENT (AMENDMENT) (NO. 39 OF 1997) - SECT 4

Insertion

4. After section 19 of the Principal Act the following section is inserted:

“19A. (1) Where an agreement between the Territory and the Commonwealth requires the Territory to pay an amount to a person in respect of tax or duty paid by the person to the Commonwealth—

        (a)     the amount may be paid to the person; and

        (b)     all expenses incurred by the Territory in making the payment (including money payable for salaries) may be paid.

“(2) Money payable under subsection (1) is payable out of the public money of the Territory, which is appropriated accordingly.

“(3) A payment made by a department under subsection (1) shall be reported in notes to the financial statements of the department that relate to the financial year during which the payment was made.

“(4) Subsections (1) and (2) cease to have effect on the expiration of 30 June 2000.”.

   



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