Title Part 3—Advance to the Finance Minister
Database Bills & Legislation
Long Title a Bill for an Act to appropriate money out of the Consolidated Revenue Fund for the ordinary annual services of the Government, and for related purposes
Date 29-03-2022 01:03 PM
Source House of Reps
Parl No. 46
Bill Number 42/22
Bill Type Government
Portfolio Finance
Reps Bill Code TM
Status Act
System Id legislation/bills/r6866_first-reps/0003


Part 3—Advance to the Finance Minister

Part 3—Advance to the Finance Minister

  

10  Advance to the Finance Minister

             (1)  This section applies if the Finance Minister is satisfied that there is an urgent need for expenditure, in the current year, that is not provided for, or is insufficiently provided for, in Schedule 1:

                     (a)  because of an erroneous omission or understatement; or

                     (b)  because the expenditure was unforeseen until after the last day on which it was practicable to provide for it in the Bill for this Act before that Bill was introduced into the House of Representatives.

             (2)  This Act has effect as if Schedule 1 were amended, in accordance with a determination of the Finance Minister, to make provision for so much (if any) of the expenditure as the Finance Minister determines.

             (3)  The total of the amounts determined under subsection (2) of this section and subsection 10(2) of the Appropriation Act (No. 1) 2022‑2023 (including the amounts mentioned in subsection (4) of this section) cannot be more than $2,400 million.

             (4)  The total of the amounts determined under subsection (2) of this section and subsection 10(2) of the Appropriation Act (No. 1) 2022‑2023 in relation to expenditure that is not for the purposes of responding to circumstances relating to the coronavirus known as COVID‑19 cannot be more than $400 million.

             (5)  Subsections (3) and (4) of this section prevail over subsections 10(3) and (4) of the Appropriation Act (No. 1) 2022‑2023.

             (6)  A determination made under subsection (2) of this section is a legislative instrument, but neither section 42 (disallowance) nor Part 4 of Chapter 3 (sunsetting) of the Legislation Act 2003 applies to the determination.