Administered assets and liabilities items
9 Administered assets and liabilities items
The amount specified in an administered assets and liabilities item for a non‑corporate entity may be applied for expenditure for the purpose of contributing to achieving any outcome specified for the entity:
in Schedule 2 to this Act; or
in Schedule 1 to the Appropriation Act (No. 1) 2025‑2026.
If the portfolio 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.
This Act’s bill:Explanatory memorandumSecond reading speech
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