Victorian Current Acts

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FINANCIAL MANAGEMENT ACT 1994 - SECT 29

Appropriation of certain revenue and asset proceeds

    (1)     This section applies if a Schedule to an appropriation Act provides that this section applies in relation to an item in respect of a department set out in that Schedule.

    (2)     If this section applies—

        (a)     revenue receivable—

              (i)     from the provision of outputs by the department; or

              (ii)     by way of specific purpose payment by the Commonwealth; or

              (iii)     by way of specific purpose payment by a municipal council; or

        (b)     proceeds received from the disposal of assets shown in the accounts of the department

may be credited to the item to the extent, and on the conditions, agreed between the Minister administering this section and the Minister responsible for the administration of the item.

    (3)     For the purposes of subsection (2)—

        (a)     an amount equal to an amount credited under that subsection is deemed to have been appropriated for the purposes of the item; and

        (b)     the Minister may issue that amount out of the Consolidated Fund and apply it accordingly.

S. 29(4) inserted by No. 1/2014 s. 64.

    (4)     In this section—

"department" includes Court Services Victoria.

S. 30 amended by No. 43/1995 s. 7(1)(f)(i)(ii) (g)(i)(ii), substituted by No. 1/1998
s. 11.



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