Legislative Assembly for the ACT: 2012 Week 7 Hansard (5 June) . . Page.. 2627..
Pursuant to section 16B—Instrument authorising the rollover of undisbursed appropriation of the Economic Development Directorate, including a statement of reasons, dated 29 May 2012.
I ask leave to make a statement in relation to the papers.
MR BARR: As required by the Financial Management Act 1996, I table a number of instruments issued under sections 16 and 16B of the act. Advice on each instrument's direction and the statement of reasons must be tabled in the Assembly within three sitting days after it is given. Section 16B of the act allows for appropriations to be preserved from one financial year to the next, as outlined in instruments signed by me as Treasurer.
This package includes one instrument signed under section 16B. The appropriation being rolled over was not disbursed during the 2010-11 fiscal year and is still required in 2011-12 for the completion of the projects identified in the instrument. The instrument authorises a total of $26.185 million in rollovers for the Economic Development Directorate comprising $960,000 in net cost of outputs and $25.222 million in controlled capital injection.
These rollovers have been made as the appropriation clearly relates to project funds where commitments have been entered into but related cash has not yet been expended during the year of appropriation or where expected increased activity necessitates that undisbursed funds will be required in a subsequent year.
This package also includes two instruments authorised under section 16. Section 16(1) and (2) of the FMA 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.
These instruments facilitate the transfer of $1.857 million in net cost of outputs appropriation from the Territory and Municipal Services Directorate to the Justice and Community Safety Directorate associated with the management and responsibility of the rego.act system and $1.341 million in net cost of outputs appropriation and capital injection (controlled) appropriation of $14.216 million for the National Arboretum Canberra from the Economic Development Directorate to the Territory and Municipal Services Directorate.
Further details of these instruments can be found in each individual instrument I have tabled here today. Mr Assistant Speaker, I commend these instruments to the Assembly.
Justice and Community Safety—Standing Committee
Report 9—government response
MR CORBELL (Molonglo—Attorney-General, Minister for Police and Emergency Services and Minister for the Environment and Sustainable Development) (3.15): For the information of members, I present the following paper: