- (1)
- For a departmental item for an entity, the Finance Minister may issue out
of the Consolidated Revenue Fund amounts that do not exceed, in total, the
amount specified in the item.
Note: Generally, the Finance Minister is permitted, but not obliged, to issue
the amounts out of the Consolidated Revenue Fund. However,
subsections (3) and (4) impose an obligation on the Finance Minister to
issue the amounts in certain circumstances.
- (2)
- An amount issued out of the Consolidated Revenue Fund for a departmental
item for an entity may only be applied for the departmental expenditure of the
entity.
Note: The acquisition of new departmental assets will usually be funded from
an other departmental item (in another Appropriation Act).
- (3)
- If:
(a) an Act provides that an entity must be paid amounts that are appropriated
by the Parliament for the purposes of the entity; and
(b) Schedule 1 contains a departmental item for that entity;
then
the Finance Minister, under subsection (1), must issue out of the
Consolidated Revenue Fund the full amount specified in the item.
- (4)
- If a departmental item for an Agency includes provision for payment of
remuneration and allowances to the holder of:
(a) a public office (within the meaning of the Remuneration Tribunal Act 1973
); or
(b) an office specified in a Schedule to the Remuneration and Allowances
Act 1990 ;
then the Finance Minister, under subsection (1), must
issue out of the Consolidated Revenue Fund, under that item, amounts
that are sufficient to pay the remuneration and allowances and must
apply the amounts for that purpose.