Legislative Assembly for the ACT: 2002 Week 9 Hansard (20 August) . . Page.. 2460..
Authorisation of expenditure
Paper and statement by minister
MR QUINLAN (Treasurer, Minister for Economic Development, Business and Tourism, Minister for Sport, Racing and Gaming and Minister for Police, Emergency Services and Corrections): Mr Speaker, for the information of members, I present the following paper:
Financial Management Act, pursuant to section 18-Authorisation of expenditure in 2001-02, including the statement of reasons for expenditure against the Treasurer's Advance.
I seek leave to make a statement.
MR QUINLAN: Mr Speaker, as required by the Financial Management Act 1996, I table a copy of authorisation for expenditure under section 18 of the act and a statement of the reasons relating to the expenditure. Section 18 of the act allows the Treasurer to authorise expenditure from the Treasurer's Advance. The authorisation may provide for expenditure in excess of an amount already specifically appropriated or an expenditure for which there is no appropriation.
The act states that where the Treasurer has authorised expenditure under section 18 a copy of the authorisation and a statement of the reasons relating to expenditure are to be laid before the Legislative Assembly as soon as practicable after the end of the financial year.
The Appropriation Act 2001-2002 provided $18.6 million to the Treasurer's Advance. The final expenditure against the Treasurer's Advance in the 2001-02 financial year totalled $15.779 million, leaving $2.821 million, unfortunately, unallocated.
Significant items provided for include $10 million to address fire safety issues in ACT Housing's multiunit complexes and to meet current standards under the Building Code of Australia and $4 million to fund a shortfall of Commonwealth funding for fire protection services.
I commend these papers to the Assembly.
Mr Quinlan presented the following paper:
Canberra Tourism and Events Corporation Act, pursuant to section 28 (3)-Canberra Tourism and Events Corporation quarterly report for January to 31 March 2002.