Financial Management Act 2006

The Treasurer may, at any time in a financial year, modify an agency’s resource agreement by giving written notice to the accountable authority of the agency —

specifying the modification; and

directing that the resource agreement, with that modification, is to be the resource agreement for the agency for the remainder of the financial year.

Without limiting subsection (1), a modification to a resource agreement may relate to the expense limit contained in the resource agreement.

When the Treasurer gives the accountable authority of an agency a notice under subsection (1) in relation to the agency’s resource agreement, the resource agreement, with the modification specified in the notice, becomes the resource agreement for the agency for the remainder of the financial year to which it relates.