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This is a Bill, not an Act. For current law, see the Acts databases.


FINANCIAL MANAGEMENT AMENDMENT BILL 2020

2020

THE LEGISLATIVE ASSEMBLY

FOR THE AUSTRALIAN CAPITAL TERRITORY

(As presented)

(Treasurer)

Financial Management Amendment Bill 2020

A Bill for

An Act to amend the Financial Management Act 1996









The Legislative Assembly for the Australian Capital Territory enacts as follows:

1 Name of Act

This Act is the Financial Management Amendment Act 2020

.

2 Commencement

This Act commences on the day after its notification day.

Note The naming and commencement provisions automatically commence on the notification day (see Legislation Act

, s 75 (1)).

3 Legislation amended

This Act amends the Financial Management Act 1996

.

4 Payments authorised on lapse of appropriation

Section 7 (1) (c)

substitute

(c) for the 2020-21 financial year—the payments made under this section for any purpose must not exceed, in total, the amount appropriated by Appropriation Acts for the 2019-20 financial year for that purpose;

(d) for any other financial year—the payments made under this section for any purpose must not exceed, in total, 1/2 of the amount appropriated by Appropriation Acts for the immediately previous financial year for that purpose.

Endnotes

1 Presentation speech

Presentation speech made in the Legislative Assembly on 4 June 2020.

2 Notification

Notified under the Legislation Act

on 2020.

3 Republications of amended laws

For the latest republication of amended laws, see www.legislation.act.gov.au

.









































© Australian Capital Territory 2020

 


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