Commonwealth Numbered Acts

APPROPRIATION (ECONOMIC SECURITY STRATEGY) ACT (NO. 2) 2008-2009 (NO. 133, 2008) - SECT 12

             (1)  If:

                     (a)  an annual report for an Agency for the current year is tabled in the Parliament; and

                     (b)  the report specifies the amount required by an Agency in respect of:

                              (i)  a State, ACT, NT and local government item for the Agency; or

                             (ii)  an administered item for the Agency; and

                     (c)  the required amount is less than the amount of the item;

the item is taken to be reduced to the required amount.

             (2)  The Finance Minister may, by writing, determine that subsection (1):

                     (a)  does not apply in relation to the item; or

                     (b)  applies as if the amount specified in the annual report were the amount specified in the determination.

             (3)  A determination made under subsection (2) is a legislative instrument and, despite subsection 44(2) of the Legislative Instruments Act 2003 , section 42 (disallowance) of that Act applies to the determination. However, Part 6 (sunsetting) of that Act does not apply to the determination.