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Appropriation Bill (No. 5) 1992-93

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House: House of Representatives Portfolio: Finance

Purpose To authorise the Minister for Finance to issue an additional $1 237 650 000 from the Consolidated Revenue Fund (CRF) in addition to the funds allocated under the Appropriation Act (No. 1) 1992- 3 and the Appropriation Act (No. 3) 1992- 3.

Background Annual authorisations for expenditure are contained in the Appropriation Act (No. 1), which authorises expenditure for the ordinary services of government, and the Appropriation Act (No. 2), which deals with expenditure on capital works and services, payments to the States and other purposes not authorised by special legislation. The Parliamentary Departments are covered by the Appropriation (Parliamentary Departments) Act. Additional appropriations may be sought in further Appropriation Bills, usually known as the additional estimates, when the appropriation sought in the Appropriation Acts is insufficient for the financial year. During the 1992- 3 financial year, additional appropriations have been sought under the Appropriation Acts (Nos 3 and 4) 1992- 3, the Appropriation Bills (Nos. 5 and 6) 1992- 3 and the Appropriation (Parliamentary Departments) Bill (No.2) 1992- 3.

The Appropriation Acts lapse on 30 June at the end of the relevant financial year, and authorisation for expenditure between the end of the financial year and the passage of the next years Appropriation Acts is contained in the Supply Acts, which are normally passed a month or so before the Appropriation Acts lapse.

The major additional appropriations sought by this Bill involve: * Department of Defence - $836.3 million. The major items of expenditure relate to payments to Australian Defence Industries (ADI) ($390.3 million) for a debt equity swap that will reduce the debt of ADI and the payment of $257.11 million to the Defence Housing Authority, also as a debt- equity swap. In regard to both these payments the second reading speech states that there will be offsetting payments to the Commonwealth by the bodies receiving the funds.

* Department of Health, Housing, Local Government and Community Services - $76.54 million. The major programs to receive additional funds are child care fee relief ($30.3 million); emergency housing and crisis accommodation ($14.6 million); and expenditure for hearing services ($6.1 million).

* Department of Industry, Technology and Regional Development - $50.7 million. The largest items to receive additional funding are for expenditure under the Export Finance and Insurance Corporation Act 1991 ($20.4 million) and additional running costs for the Australian Customs Service ($10.5 million). * In addition to the increases in expenditure on specific programs, the Bill appropriates funds to supplement administrative costs to take account of recent wage increases payable under Public Sector enterprise agreement.

Main Provisions Clause 3 will authorise the Minister for Finance to issue $1 237 650 000 from the CRF for the 1992- 93 financial year.

Clause 4 will deem this amount to have been appropriated from 1 July 1992 for the purposes specified in the Schedule to the Bill. The Schedule lists the Departments and programs that are to receive additional funds.

Clause 6 allows the Minister for Finance to issue a maximum of $20 million from the CRF for 1992- 3 for items for which an amount has been appropriated. Any amount so appropriated must be reported to the Parliament.

Bills Digest Service Parliamentary Research Service

This Digest does not have any official legal status. Other sources should be consulted to determine the subsequent official status of the Bill.

Commonwealth of Australia 1993

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Published by the Department of the Parliamentary Library, 1993.