Financial Management Act 1996

An appropriation for controlled recurrent payments may be expressed to be made for net controlled recurrent payments.

Despite section 6 (Necessity for appropriation), if an appropriation for a directorate is stated to be made for net controlled recurrent payments, the directorate may apply the following in paying the expenses and liabilities of the directorate:

the payments it is entitled to receive for providing goods and services, other than controlled recurrent payments under an Appropriation Act;

the value of the input tax credits to which it is entitled for taxable supplies in relation to controlled recurrent payments.

If the appropriations made by an Appropriation Act for a directorate do not state an amount, or state a ‘0’ appropriation, for controlled recurrent payments, the appropriations have effect as if they included an appropriation for controlled recurrent payments for the directorate at no net cost to the Territory.