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Appropriation Bill (No. 2) 2006-2007

Part 1 Preliminary

   

1   Short title

                   This Act may be cited as the Appropriation Act (No. 2) 2006-2007 .

2   Commencement

                   This Act commences on the day on which it receives the Royal Assent.

3   Definitions

                   In this Act:

administered assets and liabilities item means an amount set out in Schedule 2 in relation to an entity opposite the heading “Administered Assets and Liabilities”.

administered item means an amount set out in Schedule 2 opposite an outcome of an entity under the heading “New Administered Expenses”.

Agency means:

                     (a)  an Agency within the meaning of the Financial Management and Accountability Act 1997 ; or

                     (b)  the High Court of Australia.

Commonwealth authority has the same meaning as in the Commonwealth Authorities and Companies Act 1997 .

Commonwealth company has the same meaning as in the Commonwealth Authorities and Companies Act 1997 .

current year means the financial year ending on 30 June 2007.

entity means any of the following:

                     (a)  an Agency;

                     (b)  a Commonwealth authority;

                     (c)  a Commonwealth company.

expenditure means payments for expenses, acquiring assets, making loans or paying liabilities.

Finance Minister means the Minister administering this Act.

item means any of the following:

                     (a)  a State, ACT, NT and local government item;

                     (b)  an administered item;

                     (c)  an administered assets and liabilities item;

                     (d)  an other departmental item.

other departmental item means an amount set out in Schedule 2 in relation to an entity:

                     (a)  opposite the heading “Equity Injections”; or

                     (b)  opposite the heading “Loans”; or

                     (c)  opposite the heading “Previous Years’ Outputs”.

Portfolio Budget Statements means the Portfolio Budget Statements that were tabled in the Senate or the House of Representatives in relation to the Bill for this Act.

Special Account has the same meaning as in the Financial Management and Accountability Act 1997 .

State, ACT, NT and local government item means an amount set out in Schedule 2 opposite an outcome of an entity under the heading “Payments to the States, ACT, NT and local government”.

4   Portfolio Budget Statements

             (1)  The Portfolio Budget Statements are hereby declared to be relevant documents for the purposes of section 15AB of the Acts Interpretation Act 1901 .

Note:          See paragraph 15AB(2)(g) of the Acts Interpretation Act 1901 .

             (2)  If the Portfolio Budget Statements indicate that activities of a particular kind were intended to be treated as activities in respect of a particular outcome, then expenditure for the purpose of carrying out those activities is taken to be expenditure for the purpose of contributing to achieving the outcome.

5   Notional payments, receipts etc.

                   For the purposes of this Act, notional transactions between Agencies are to be treated as if they were real transactions.

Note:          This section applies, for example, to a “payment” between Agencies that are both part of the Commonwealth. One of the effects of this section is that the payment will be debited from an appropriation for the paying Agency, even though no payment is actually made from the Consolidated Revenue Fund.