Availability of appropriated amount for payment to departments
29 Availability of appropriated amount for payment to departments
The total amount appropriated for a department for a financial year under an annual appropriation Act (the available amount) is available for the Treasurer to pay to the department in the financial year or within the further 2 weeks.
The Treasurer may pay an amount from the available amount for a department if the payment is made for a departmental service, administered item or equity adjustment—
delivered in the financial year or the previous financial year; or
to be delivered in the financial year or in the next financial year.
If all of the available amount for a financial year is not paid to the department under this section in the financial year or within the further 2 weeks, the unpaid amount of the appropriation lapses at the end of the further 2 weeks.
This Act’s bill:Explanatory memorandumSecond reading speech
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