Appropriation Act 2023-2024 (No 2) (ACT)
Appropriation Act 2023-2024 (No 2)
A2024-5
Contents
Page
1 Name of Act 2
2 Commencement 2
3 Purposes of Act 2
4 Meaning of financial year 2
5 Terms used in Financial Management Act 1996 2
6 Additional appropriations of $452 956 000 2
7 Net appropriations for capital injections 3
8 Commonwealth grants 3
Schedule 1 Additional appropriations 4
Appropriation Act 2023-2024 (No 2)
A2024-5
An Act to appropriate additional money for the purposes of the Territory for the financial year that began on 1 July 2023
The Legislative Assembly for the Australian Capital Territory enacts as follows:
Name of Act
This Act is the Appropriation Act 2023-2024 (No 2).
Commencement
This Act commences on the day after its notification day.
NoteThe naming and commencement provisions automatically commence on the notification day (see Legislation Act, s 75 (1)).
Purposes of Act
This Act is made for the purposes of—
(a)the Self-Government Act, section 57 and section 58; and
(b)the Financial Management Act 1996, section 6 and section 8.
Meaning of financial year
In this Act:
financial year means the year that began on 1 July 2023.
Terms used in Financial Management Act 1996
A term used in the Financial Management Act 1996 has the same meaning in this Act.
Additional appropriations of $452 956 000
(1)If a territory entity is mentioned in a part of schedule 1, column 1—
(a)the amount mentioned in that part, column 2 is appropriated to the territory entity for additional net controlled recurrent payments in the financial year for the territory entity; and
(b)the amount mentioned in that part, column 3 is appropriated to the territory entity for an additional capital injection in the financial year for the territory entity; and
(c)the amount mentioned in that part, column 4 is appropriated to the territory entity for additional payments to be made on behalf of the Territory in the financial year for the territory entity.
(2)The amount mentioned in schedule 1, part 1.14 (Treasurer’s advance), column 5 is appropriated to the Treasurer’s advance for the Financial Management Act 1996, section 18.
Net appropriations for capital injections
For the Financial Management Act 1996, section 9A, the appropriations for additional capital injections mentioned in schedule 1, column 3 are for, or partly for—
(a)the net cost of purchasing or developing assets; and
(b)reducing liabilities.
Commonwealth grants
The Financial Management Act 1996, section 17 applies to all appropriations mentioned in schedule 1 except the appropriations to—
(a)the ACT Executive; and
(b)the Treasurer’s advance.
Schedule 1Additional appropriations
(see s 6, s 7 and s 8)
| column 1 territory entity | column 2 net controlled recurrent payments | column 3 capital injection | column 4 payments on behalf of Territory | column 5 total |
| $ | $ | $ | $ | |
| Part 1.1 ACT Health Directorate | 73 963 000 | 35 295 000 | 109 258 000 | |
| Part 1.2 ACT Local Hospital Network | 75 187 000 | 75 187 000 | ||
| Part 1.3 Canberra Health Services | 16 627 000 | 16 627 000 | ||
| Part 1.4 Major Projects Canberra | 3 264 000 | 56 282 000 | 59 546 000 | |
| Part 1.5 Transport Canberra and City Services Directorate | 19 478 000 | 32 011 000 | 51 489 000 | |
| Part 1.6 Suburban Land Agency | 50 000 000 | 50 000 000 | ||
| Part 1.7 Education Directorate | 9 073 000 | 17 824 000 | 26 897 000 | |
| Part 1.8 Chief Minister, Treasury and Economic Development Directorate | 20 180 000 | 5 475 000 | 25 655 000 | |
| Part 1.9 Justice and Community Safety Directorate | 7 497 000 | 4 273 000 | 12 951 000 | 24 721 000 |
| Part 1.10 Community Services Directorate | 5 192 000 | 5 192 000 | ||
| Part 1.11 Canberra Institute of Technology | 1 801 000 | 1 141 000 | 2 942 000 | |
| Part 1.12 Environment, Planning and Sustainable Development Directorate | 504 000 | 226 000 | 730 000 | |
| Part 1.13 ACT Executive | 226 000 | 226 000 | ||
| Total appropriated to territory entities | 216 139 000 | 219 154 000 | 13 177 000 | 448 470 000 |
| Part 1.14 Treasurer’s advance | 4 486 000 | |||
| Total appropriations | 216 139 000 | 219 154 000 | 13 177 000 | 452 956 000 |
Endnotes
Presentation speech
Presentation speech made in the Legislative Assembly on 8 February 2024.
Notification
Notified under the Legislation Act on 28 March 2024.
Republications of amended laws
For the latest republication of amended laws, see certify that the above is a true copy of the Appropriation Bill 2023-2024 (No 2), which was passed by the Legislative Assembly on 20 March 2024.
Clerk of the Legislative Assembly
© Australian Capital Territory 2024
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