Page 687 - Week 03 - Thursday, 21 May 1992

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Thursday, 21 May 1992

____________________

MADAM SPEAKER (Ms McRae) took the chair at 10.30 am and read the prayer.

PAPER

MRS CARNELL: I seek leave to present a petition that does not conform with standing orders as it does not contain a request.

Leave granted.

MRS CARNELL: I present an out-of-order petition from 103 residents opposing the introduction of compulsory wearing of bicycle helmets.

SUPPLY BILL 1992-93

MS FOLLETT (Chief Minister and Treasurer) (10.31): Madam Speaker, I present the Supply Bill 1992-93.

Title read by Clerk.

MS FOLLETT: I move:

That this Bill be agreed to in principle.

Madam Speaker, this Bill is to authorise expenditure from the Consolidated Revenue Fund after 1 July 1992. It is an interim Bill which will lapse upon the enactment of the Appropriation Bill 1992-93 which will be introduced into this Assembly with the 1992-93 budget for the ACT. Supply Bills are the traditional means of continuing government services pending passage of the budget.

Madam Speaker, the Bill authorises an amount of $619,682,800 to be issued by the Treasurer from the Consolidated Revenue Fund. This amount will be issued for the programs specified in the Schedule to cover any payments necessary for the continuing operation of government services. The amounts for each program represent approximately five months' expenditure as it is expected that the Appropriation Bill will have come into force by the end of November. No provision has been made for new policy initiatives, as is the usual practice. These and other changes in budgetary arrangements will be addressed in the formulation of the budget for 1992-93 and will be presented to the Assembly in that context.

Provision of $8m has been included for the Treasurer's Advance. This item can be used to advance moneys only for expenditure which is urgently required for the efficient administration of the Territory and generally covers circumstances unforeseen at the time of preparing the Supply Bill. Section 47 of the Audit Act 1989 prescribes the conditions for use of this advance.


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