Victorian Current Acts

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FINANCIAL MANAGEMENT ACT 1994 - SECT 30

Transfer between items of departmental appropriation

    (1)     The relevant Minister in relation to a department, with the consent of the Treasurer, may determine that part of an amount appropriated for an item in a Schedule to an annual appropriation Act in respect of the department may be transferred to, and applied for the purposes of, another such item.

    (2)     The relevant Minister must be of the opinion, before making a determination under subsection (1), that—

        (a)     the amount to be transferred from an item is not required for the purposes of that item; and

        (b)     the amount assigned to the item to which the amount is to be transferred is insufficient for the purposes of that item.

    (3)     A relevant Minister (other than the Minister administering this section) who makes a determination under subsection (1) must ensure that particulars of the transfer are given to the Minister administering this section as soon as possible.

S. 31 amended by No. 43/1995 s. 7(1)(h)(i)(ii) (i)(i)(ii), substituted by No. 1/1998
s. 11.



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