Consolidated Fund Supply Act (No. 1) 2014 (TAS)

Consolidated Fund Supply Act (No. 1) 2014

An Act to make interim provision for the appropriation of $1 458 719 000 out of the Consolidated Fund for the service of the financial year ending on 30 June 2015 and to authorise the Treasurer to borrow money on behalf of the State

[Royal Assent 23 June 2014]

Be it enacted by His Excellency the Governor of Tasmania, by and with the advice and consent of the Legislative Council and House of Assembly, in Parliament assembled, as follows:

1Short titleThis Act may be cited as the Consolidated Fund Supply Act (No. 1) 2014 . 2CommencementThis Act commences on 1 July 2014. 3Issue, application and appropriation of $1 458 719 000 (1)  In respect of the financial year ending on 30 June 2015, the Treasurer may – (a) issue the sum of $1 458 719 000 out of the Consolidated Fund; and (b) apply that sum for the services of the Government. (2)  The sum specified in subsection (1) is appropriated. 4Purposes of appropriationThe sum of $1 458 719 000 is to be applied for the purposes specified in Schedule 1 . 5Inclusion of expenditure in ordinary Appropriation ActThe Treasurer must incorporate in the estimates of expenditure from the Consolidated Fund, set out in the Bill for the ordinary Appropriation Act for the financial year ending on 30 June 2015, all money issued and applied, or to be issued and applied, under this Act as if that issue and application were to be appropriated afresh by that Act. 6Power to borrow moneyThe Treasurer may borrow such money as may be required for the purposes of the State. 7Expiry of ActThis Act expires on 30 June 2015. Schedule 1Purposes

Section 4

[Second reading presentation speech made in:

House of Assembly on 29 MAY 2014

Legislative Council on 4 JUNE 2014]