Legislative Assembly for the ACT: 2015 Week 6 Hansard (12 May) . .
Financial Management Act—instrument
Paper and statement by minister
MR BARR (Molonglo—Chief Minister, Treasurer, Minister for Economic Development, Minister for Urban Renewal and Minister for Tourism and Events): For the information of members, I present the following paper:
Financial Management Act, pursuant to section 16—Instrument directing a transfer of appropriations from the Education and Training Directorate to the Chief Minister, Treasury and Economic Development Directorate, including a statement of reasons, dated 7 May 2015.
I ask leave to make a statement in relation to the paper.
MR BARR: As required by the FMA, I am tabling an instrument under section 16. Subsections 16(1) and (2) allow the Treasurer to authorise the transfer of appropriation for a service or function to another entity following a change in responsibility for that service or function. Subsection 16(3) of the act requires that within three sitting days after such an authorisation is given the Treasurer must present a copy of the direction and a statement of reasons to the Assembly.
This afternoon this instrument facilitates the transfer of $285,000 in the net cost of outputs appropriation and $3.038 million in the capital injections controlled appropriation from the Education and Training Directorate to the Chief Minister, Treasury and Economic Development Directorate for the management and responsibility of 30 childcare centres. This transfer is budget neutral.
I commend the instrument to the Assembly.
Financial Management Act, pursuant to section 16B—Instrument authorising the rollover of undisbursed appropriation of Housing ACT, including a statement of reasons, dated 6 May 2015.
MR BARR: Section 16B of the FMA allows for appropriations to be preserved from one financial year to the next as outlined in instruments signed by me as Treasurer. As
Next page . .
Previous page. . . .
Speeches . . . .
Contents . . . .
Sittings . . . .