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Appropriation (Parliament 2004/2005) Bill Circulation Print Victorian Legislation Parliamentary Documents EXPLANATORY MEMORANDUM General This Bill provides appropriation authority for payments from the Consolidated Fund to the Parliament in respect of the 2004/2005 financial year. The amounts contained in Schedule 1 to the Bill provide for the ongoing operations of the Parliament, new output initiatives and new asset investment in so far as these are funded by way of annual appropriation. In addition to the annual appropriations contained in this Bill, funds are also made available to the Parliament by way of special appropriation. Special appropriations arise through provisions that are contained in legislation. These appropriations provide for the specific purposes set out in that legislation and they do not lapse annually like the annual Appropriation Act. Details of these can be found in Table 5.4 of Budget Paper No. 4: Statement of Finances. Unapplied appropriation under the Appropriation (Parliament 2003/2004) Act 2003 has been estimated and is included in the Budget Papers. Prior to 30 June 2004 actual unapplied appropriation are finalised, approved carryover amounts determined and the 2004/2005 appropriations increased accordingly, pursuant to section 32 of the Financial Management Act 1994. To enable comparison of the appropriations between years, Schedule 1 to the Bill contains both the 2003/2004 and the 2004/2005 appropriated amounts. Clause Notes The Bill is comprised of 6 clauses as follows: Clause 1 defines the purpose of the proposed Act. Clause 2 specifies that the proposed Act comes into operation on the day it receives Royal Assent. 1 551180 BILL LA CIRCULATION 4/5/2004
Clause 3 provides that the Treasurer may issue the stated amount out of the Consolidated Fund in respect of the financial year 2004/2005 for the purposes set out in Schedule 1 to the Bill. Sub-clauses (2) and (3) provide authority for additional appropriation if necessary for increases in salaries and related costs that may be the result of Victorian Legislation Parliamentary Documents determinations or legislation during the year. Clause 4 provides that the Consolidated Fund is appropriated to the extent necessary for the purposes included in clause 3. Clause 5 provides that the amounts specified for an item in Schedule 1 are to be applied subject to section 31 of the Financial Management Act 1994 and on the basis that the amounts specified for that item are not exceeded. The clause also states that if depreciation is included in the provision of outputs of a department in Schedule 1 to the Bill, then the additions to the net asset base of that department may be increased, subject to the Treasurer's approval, by an amount up to the depreciation amount. Clause 6 provides for the application of amounts in 2004/2005 for arrangements, expenses or obligations that arise in 2004/2005 but do not require payment until a future year. 2