Page 3269 - Week 08 - Tuesday, 16 August 2011
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Section 16 subsections (1) and (2) of the act allow the Treasurer to authorise the transfer of appropriation for a service or a function to another entity, following a change in responsibility for that service or function. This package includes two instruments authorised under section 16 of the act. The first instrument facilitates the transfer of $500,000 in capital injection for the Harrison Well Station Drive extension to the Horse Park Drive project from the Territory and Municipal Services Directorate to the Economic Development Directorate. This transfer is budget neutral.
The second instrument provides transfers of residual amounts associated with the administrative arrangements of 16 May 2011 relating to the functions of heritage from the Chief Minister and Cabinet Directorate to the Environment and Sustainable Development Directorate, the functions of artsACT from the Chief Minister and Cabinet Directorate to the Community Services Directorate and the functions of business and industry development from the Chief Minister and Cabinet Directorate to the Economic Development Directorate. Again, all of these transfers are budget neutral.
Section 16B of the Financial Management Act 1996 provides for the rollover of undisbursed appropriation. This allows for appropriations to be preserved from one financial year to the next. This package includes two instruments authorised under section 16B of the act. The first instrument authorises a rollover of $40,000 by the Chief Minister and Cabinet Directorate for the community support program. The appropriation being rolled over was not spent during 2009-10 and is still required to meet the planned and committed programs. The second instrument authorises a total of $2.255 million in capital injection appropriation rollover for the Territory and Municipal Services Directorate. The appropriation relates to project funds where commitments have been entered into but the related cash was not required or expended during the year of appropriation.
Section 17 of the act enables variations to appropriations for any increase in existing commonwealth payments by direction of the Treasurer. The instrument relates to the territory receiving $71,000 in additional funding from the commonwealth for the interstate road transport national partnership.
Section 19B of the act allows for an appropriation to be authorised for any new commonwealth payments where no appropriation has been made in respect of those funds. This package includes two instruments authorised under section 19B of the act. The first instrument provides $467,000 in additional commonwealth funding for round 2 of the heavy vehicle safety and productivity program, and the second instrument provides additional commonwealth funding of $2.078 million for the following national partnership agreements: $1.921 million for the smarter schools literacy and numeracy agreement and $157,000 for pre-apprenticeship training.
Additional details regarding all instruments are provided in the statement of reasons accompanying each instrument. I commend these instruments to the Assembly.
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