Financial Management Amendment Act 1999 (ACT)

AUSTRALIAN CAPITAL TERRITORY

Financial Management Amendment Act 1999

No. 58 of 1999

CONTENTS

Section

1............ Name of Act

2............ Commencement

3............ Departmental budgets

AUSTRALIAN CAPITAL TERRITORY

Financial Management Amendment Act 1999

No. 58 of 1999

An Act to amend the Financial Management Act 1996

[Notified in ACT Gazette No 45: 10 November 1999]

The Legislative Assembly for the Australian Capital Territory enacts as follows:

1. Name of Act

   This Act is the Financial Management Amendment Act 1999.

2. Commencement

   This Act commences on the day it is notified in the Gazette.

3. Departmental budgets

   Section 12 of the Financial Management Act 19961 is amended by omitting subsection (4) and substituting the following subsection:

4. A proposed budget is to be in a form that facilitates a comparison, in respect of outputs, between—

   (a)the proposed budget; and

(b)the budget for the department for the previous financial year; and

(c)the expected whole of year results for the department for that previous financial year.”.

Endnote

Act amended

1. Republished as in force on 31 January 1998.  See also Acts 1999 Nos 28, 33 and 36.

[Presentation speech made in Assembly on 25 August 1999]

©  Australian Capital Territory 1999