Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Part 3—Advance to the Finance Minister

Part 3 Advance to the Finance Minister

   

12   Advance to the Finance Minister

             (1)  If the Finance Minister determined an amount under subsection 12(2) of the Appropriation Act (No. 2) 2019-2020 or subsection 12(2) of the Supply Act (No. 2) 2019-2020 before the commencement of this Act, the amount is to be disregarded for the purposes of subsections 12(3) of those Acts.

Note:          This means that, after the commencement of this Act, the Finance Minister has access to $380 million under section 12 of the Appropriation Act (No. 2) 2019-2020 , regardless of amounts that have already been determined under that section.

             (2)  If:

                     (a)  this Act appropriates an amount for particular expenditure; and

                     (b)  before the commencement of this Act, the Finance Minister determined an amount (the advanced amount ) under section 12 of the Appropriation Act (No. 2) 2019-2020 or section 12 of the Supply Act (No. 2) 2019-2020 for the expenditure;

the amount appropriated by this Act for the expenditure is taken to be reduced (but not below nil) by the advanced amount.