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Ch11 Financial legislation / APPROPRIATION AND SUPPLY BILLS / Advance to the Minister for Finance and Administration



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House of Representatives                                Ch 11                                                 p 422

 

Financial legislation / APPROPRIATION AND SUPPLY BILLS

 

Advance to the Minister for Finance and Administration

The Appropriation Acts (Nos 1 and 2) and, when they are used, the Supply Acts (Nos 1 and 2) each provide an appropriation of funds for what is known as the Advance to the Minister for Finance and Administration. These amounts enable the Minister for Finance and Administration to make moneys available for expenditure, particulars of which will afterwards be submitted to the Parliament, being expenditure that the Minister for Finance and Administration is satisfied is urgently required and was unforeseen or erroneously omitted from, or understated in, the Appropriation or Supply Act.

When expenditure has been charged to an advance a corresponding amount is included in the next equivalent appropriation bill—that is, advances from Supply Acts (Nos 1 and 2) in Appropriation Bills (Nos 1 and 2), as appropriate, and advances from Appropriation Acts (Nos 1 and 2) in Appropriation Bills (Nos 3 and 4). The only amounts which remain a charge to the appropriations for the Advance to the Minister for Finance and Administration are urgent and unforeseen expenditures which arise between the time of preparation of Appropriation Bills (Nos 3 and 4) and the close of the financial year.

The Minister for Finance and Administration accounts to the Parliament for expenditure from the advances by means of the presentation of monthly statements and an annual statement presented as soon as possible after 30 June each year. 1 The annual statement is examined by the Joint Committee of Public Accounts and Audit and reported on to both Houses. A motion may be moved to take note of a monthly statement. 2



VP 1996/378;VP 1998-2001/1055. Prior to 1985 the practice was for the House to resolve to consider the annual statement in committee of the whole—for description of previous procedure see 1st edition.



VP 1987-89/222;VP 1998-2001/626.