Queensland Consolidated Acts Queensland Consolidated Acts(1) This section applies if—
(a) the net credit balance of the Treasurer's consolidated fund bank account and all the departmental financial institution accounts is overdrawn unintentionally; and
(b) the overdrawing is rectified as soon as is practicable.
(2) The overdrawing is authorised by this section and a Treasurer's approval is not needed.
(3) This section has effect despite section 18.
Example of unintentional overdrawing of accounts—
Each morning departments give the treasury department a forecast of their cash flow for the day. Officers of the treasury department add the total of the departmental forecasts to the net credit balance of the Treasurer's consolidated fund bank account and all the departmental financial institution accounts, including the treasury offset bank account, to decide the surplus or deficit of moneys on the day. If there is a surplus, it is invested. If the forecasts are incorrect because a department receives less or withdraws more on the day than the department forecast, the net credit balance may be unintentionally overdrawn.