Capital works report of Territory
30F Capital works report of Territory
The Treasurer must, at least once every 6 months, prepare a report about capital works for the Territory (a capital works report).
A capital works report must—
include a progress report on the delivery of the capital works program for the Territory during the period since the previous capital works report; and
include a statement of the expenditure on capital works for each directorate and territory authority for the financial year; and
for each major capital works project—include—
a statement of the expenditure on the project to date; and
a statement of the expenditure on the project for the financial year to date; and
a total budget for the project; and
an annual budget for the project.
The Treasurer must—
present a copy of each capital works report to the Legislative Assembly on the first sitting day after the report is prepared; and
if the first sitting day is more than 60 days after the end of the period for which the report is prepared—give a copy of the report to each member of the Legislative Assembly within 60 days after the end of the period for which the report is prepared.
A regulation may prescribe a major capital works project.
In this section:
capital works includes works prescribed by regulation.
expenditure includes expenditure funded by capital injection or feasibility expenditure funded by controlled recurrent payments.
This provision refers to the regulations (prescribed by regulation
). Made under this Act:
- Financial Management Regulation 2005 · under s 134
This Act’s bill:Explanatory statement
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