Victorian Current Acts

FINANCIAL MANAGEMENT ACT 1994 - SECT 27D

    (1)     This section applies to the following documents—

        (a)     an audited annual financial report;

        (b)     a mid-year report;

        (c)     a quarterly financial report;

        (d)     a budget update;

        (e)     the financial policy objectives and strategies statement prepared in association with a budget update.

    (2)     The Minister must cause a document to be transmitted to each House of the Parliament on or before the due date for that document.

    (3)     The due date for a document specified in column 1 of the following table is the date set out in column 2 of the table opposite that document.

TABLE

Column 1 Document	Column 2 Due date
audited annual financial report for a financial year	15 October next following that financial year
mid-year report for a financial year	15 March in that financial year
quarterly financial report for the quarter ending on 30 September in a financial year	15 November in that financial year
quarterly financial report for the quarter ending on 31 December in a financial year	15 March in that financial year
quarterly financial report for the quarter ending on 31 March in a financial year	15 May in that financial year
quarterly financial report for the quarter ending on 30 June in a financial year	15 October next following that financial year
budget update for a financial year and financial policy objectives and strategies statement prepared in association with it	15 December in that financial year

S. 27D(3A) inserted by No. 72/2005 s. 3(1).

    (3A)     Despite subsection (3), if in any financial year the budget for the following financial year (or, if applicable, the current financial year) is delivered within 30 days after the due date set out in Column 2 of the Table for a document (other than the budget update), the due date for the document is extended so as to allow the document to be transmitted to each House of the Parliament on the day on which the budget is delivered.

    (4)     The clerk of each House of the Parliament must cause the document to be laid before the House on the day on which it is received or on the next sitting day of the House.

S. 27D(5) amended by No. 72/2005 s. 3(2).

    (5)     If the Minister proposes to transmit a document to the Parliament on a day on which neither House of the Parliament is actually sitting, the Minister must—

        (a)     give one business day's notice of his or her intention to do so to the clerk of each House of the Parliament; and

        (b)     give the document to the clerk of each House on the day indicated in the notice; and

        (c)     publish the report on a Government Internet website as soon as practicable after giving it to the clerks.

    (6)     The clerk of each House must—

        (a)     notify each member of the House of the receipt of a notice under subsection (5)(a) on the same day that the clerk receives that notice; and

        (b)     give a copy of a document to each member of the House as soon as practicable after the document is received under subsection (5)(b); and

        (c)     cause the document to be laid before the House on the next sitting day of the House.

S. 27D(7) repealed by No. 72/2005 s. 3(3).

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S. 27DA inserted by No. 43/2004 s. 12.