Tasmanian Bills Clause Notes

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CONSOLIDATED FUND APPROPRIATION BILL (NO. 1) BILL 31 OF 2011

             GoNSoLTDATED FUND APPROPRTATTON B|LL (NO. 1) 2011


                               NOTES ON CLAUSES


Clause   1       This clause provides for the Short title of the Act to be the
                 Consolidated Fund Appropriation Act (No. 1) 2011. This title makes
                 it clear that the Act relates to the 2011-12 financial year.

Clause   2       This clause provides for the commencement of the Act from
                 1 July 2011. This commencement date facilitates the appropriation
                 of the funds concerned for the 2011-12 financial year.

Cfause   3       This clause provides for the appropriation of $4 261415 000 out of
                 the Consolidated Fund, to be applied for the services of the
                 Government.

Clause   4       This clause applies the sum of $4 261 415 000 for the purposes
                 specified in Schedule 1.

Clause   5       This clause provides the Treasurer with the authority to borrow
                 money that may be required for the purposes of the State.

Clause   6       This clause repeals legislation specified in Schedule 2.       This
                 includes  anumber of Consolidated Fund Appropriation Acts
                 between 1985 and 2008. This legislation is no longer required.

Clause   7       This clause provides for the expiry of the Act on 30 June 2013.
 
 

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