Commonwealth Numbered Acts

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APPROPRIATION ACT (NO. 2) 2008-2009 (NO. 56, 2008) - SECT 9

Administered assets and liabilities items

             (1)  The amount specified in an administered assets and liabilities item for an Agency may be applied for expenditure for the purpose of contributing to achieving any outcome specified for the Agency:

                     (a)  in Schedule 2 to this Act; or

                     (b)  in Schedule 1 to the Appropriation Act (No. 1) 2008‑2009 .

Note:          The Finance Minister manages the expenditure of public money through the issue of drawing rights under the Financial Management and Accountability Act 1997 .

             (2)  If the Portfolio Budget Statements indicate that activities of a particular kind were intended to be treated as activities in respect of a particular outcome, then expenditure for the purpose of carrying out those activities is taken to be expenditure for the purpose of contributing to achieving the outcome.



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