Commonwealth Numbered Acts

FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997 No. 154 of 1997 - SECT 20

(2) The Finance Minister may make a written determination that:

(a) establishes a component of the Reserved Money Fund;

(b) allows or requires amounts to be transferred from the Consolidated Revenue Fund or Loan Fund to that component;

(c) allows or requires amounts to be debited from that component for specified purposes.

(4) The Finance Minister may at any time make a determination that abolishes a component established under subsection (2). Any amount in the component at the time of abolition must be transferred to the Consolidated Revenue Fund.

(5) If another Act establishes a component of the Reserved Money Fund and identifies the purposes of the component, the component may be debited for those purposes.

(6) The Funds are appropriated as necessary for the purposes of this section.

(7) If another Act (either expressly or by implication) requires or permits an amount to be transferred from the Consolidated Revenue Fund to a component of the Reserved Money Fund, then the Consolidated Revenue Fund is appropriated for the transfer by force of this subsection (unless the contrary intention appears in that other Act).

Note: Determinations made under subsections (2) and (3) of this section are subject to the commencement and disallowance rules in section 22.