Victorian Current Acts

FINANCIAL MANAGEMENT ACT 1994 - SECT 31

    (1)     The Presiding Officers—

        (a)     may determine that part of an amount appropriated for an item in a Schedule to an annual appropriation Act in respect of a department of the Parliament may be transferred to, and applied for the purposes of, a corresponding item in that Schedule in respect of another department of the Parliament;

        (b)     may determine, with the consent of the Treasurer, that part of an amount appropriated for an item in a Schedule to an annual appropriation Act in respect of a department of the Parliament may be transferred to, and applied for the purposes of, another item in that Schedule in respect of that or another department.

    (2)     The Presiding Officers 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)     The Presiding Officers must ensure that particulars of a transfer under subsection (1) are given to the Minister administering this section as soon as possible.

    (4)     In this section, a reference to the Presiding Officers is a reference to—

        (a)     in relation to a transfer referred to in subsection (1)(b) in respect of the Department of Legislative Council, the President of the Legislative Council;

        (b)     in relation to a transfer referred to in subsection (1)(b) in respect of the Department of Legislative Assembly, the Speaker of the Legislative Assembly;

        (c)     in any other case, the President of the Legislative Council and the Speaker of the Legislative Assembly acting jointly.

S. 31A inserted by No. 1/2014 s. 65.