Commonwealth Numbered Acts

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APPROPRIATION ACT (No. 2) 2003-2004 No. 56, 2003 - SECT 7

State payment items—basic appropriation

(1) For a State payment item for an outcome of an entity, the Finance Minister may issue out of the Consolidated Revenue Fund amounts that do not exceed, in total, the lesser of: (a) the amount specified in the item; and (b) the amount determined by the Finance Minister in relation to the item, having regard to the expenses incurred by the entity in the current year in relation to the item. (2) An amount issued out of the Consolidated Revenue Fund for a State payment item for an outcome of an entity may only be applied for the purpose of making payments to or for the States for the purpose of contributing to achieving that outcome.



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