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Legislative Assembly for the ACT: 1997 Week 13 Hansard (2 December) . . Page.. 4359 ..

MRS CARNELL (continuing):

Insertion

8B. After section 18 of the Principal Act the following section is inserted:

Payments in anticipation of appropriation or supply

Ô18A. (1) Where, after 1 June in a financial year Ñ

(a) a department has an obligation to discharge a liability that is not provided for by an appropriation or for which the money available from an appropriation is insufficient to enable the liability to be discharged in full;

(b) in the interests of prudent financial management, the liability should be discharged before the end of the financial year;

(c) money will become available to discharge the liability during the next financial year from an appropriation made by an Appropriation Act that has already been passed or from money to be provided under section 7; and

(d) the Treasurer has, by instrument, authorised the discharge of the liability before the end of the financial year;

the department may discharge the liability before the end of the financial year from the money referred to in paragraph (c).

Ô(2) The Treasurer shall not authorise a payment under paragraph (1)(d) if the amount would exceed Ñ

(a) if the payment is to be made from an appropriation made by an Appropriation Act that has already been passed Ñ 3% of the amount of that appropriation; or

(b) if the payment is to be made from money to be provided under section 7 -- 3% of the money to be provided under that section for the purpose for which the liability was incurred.

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