Victorian Bills Explanatory Memoranda

[Index] [Search] [Download] [Bill] [Help]


Appropriation (Parliament 2015-2016) Bill 2015

 Appropriation (Parliament 2015-2016)
               Bill 2015

                         Introduction Print


               EXPLANATORY MEMORANDUM


                                  General
This Bill provides appropriation authority for payments from the
Consolidated Fund to the Parliament in respect of the 2015/2016 financial
year. The amounts contained in Schedule 1 to the Bill provide for the
ongoing operations of the Parliament, new output initiatives and new asset
investment in so far as these are funded by way of annual appropriation.
In addition to the annual appropriations contained in this Bill, funds are
also made available to the Parliament by way of special appropriation.
Special appropriations arise through provisions that are contained in
legislation. These appropriations provide for the specific purposes set out in
that legislation and they do not lapse annually like the annual Appropriation
Act. Details of these can be found in Table A.4 of Budget Paper No. 5:
Statement of Finances.
Where an item in Schedule 1 provides that section 29 of the Financial
Management Act 1994 applies, money received from the provision of
services or asset sales by that Department or by specific purpose payment by
the Commonwealth or a municipal council may be credited to that item
during the financial year and is deemed to have been appropriated. Estimates
of appropriations annotated pursuant to section 29 of the Financial
Management Act 1994 may be found in Tables A.5 and A.6 of Budget
Paper No.5: Statement of Finances.
Unapplied appropriation under the Appropriation (Parliament 2014-2015)
Act 2014 has been estimated and is included in the Budget Papers. At the
end of the 2014/2015 financial year actual unapplied appropriations are
finalised, approved carryover amounts determined and the 2015/2016
appropriations increased accordingly, pursuant to section 32 of the Financial
Management Act 1994.


581035                                 1       BILL LA INTRODUCTION 4/5/2015

 


 

To enable comparison of the appropriations between years, Schedule 1 to the Bill contains both the 2014/2015 and the 2015/2016 appropriated amounts. Clause Notes Clause 1 defines the purpose of the Bill. Clause 2 specifies that the Bill comes into operation on the day it receives Royal Assent. Clause 3 provides that the Treasurer may issue the stated amount out of the Consolidated Fund in respect of the financial year 2015/2016 for the purposes set out in Schedule 1 to the Bill. Subclauses (2) and (3) provide authority for additional appropriation if necessary for increases in salaries and related costs that may be the result of any legislation or determination during the year. Clause 4 provides that the Consolidated Fund is appropriated to the extent necessary for the purposes included in clause 3. Clause 5 provides that the amounts specified for an item in Schedule 1 are to be applied subject to section 31 of the Financial Management Act 1994 and on the basis that the amounts specified for that item are not exceeded. The clause also states that if depreciation is included in the provision of outputs of a Department in Schedule 1 to the Bill, then the additions to the net asset base of that Department may be increased, subject to the Treasurer's approval, by an amount up to the depreciation amount. Clause 6 provides for the application of amounts in 2015/2016 for arrangements, expenses or obligations that arise in 2015/2016 but do not require payment until a future year. Clause 7 provides for the automatic repeal of this Bill on the fourth anniversary of the day on which it receives the Royal Assent in accordance with the recommendation of the Scrutiny of Acts and Regulations Committee in its Report on the Statute Law Repeals Bill 2014, February 2015. The repeal does not affect any matter or thing or the previous operation of the Act (see section 14(2) of the Interpretation of Legislation Act 1984). 2

 


 

 


[Index] [Search] [Download] [Bill] [Help]