Financial Management Amendment Act 2015 (ACT)

The Financial Management Amendment Act 2015 (ACT) was passed to amend the Financial Management Act 1996 (FMA). The legislation was considered by the ACT Legislative Assembly, which ultimately passed the Bill on 15 September 2015. The Act amends the FMA to allow for appropriations to be made for a new purpose or new entity, and for appropriations to be made for capital injections. The Act also amends the FMA to require that the Territory budget include a statement of the government's spending intentions for the financial year, including any significant changes in spending intentions from the previous financial year. The Act also amends the FMA to require that the Territory budget include a statement of the outputs and classes of outputs it is proposed the directorate should provide during the year, and the performance criteria to be met by the directorate in providing the outputs.

The court was required to determine whether the amendments made by the Act were consistent with the FMA, and whether the amendments were necessary and expedient for the purpose of amending the FMA. The court found that the amendments made by the Act were consistent with the FMA and were necessary and expedient for the purpose of amending the FMA. The court also found that the amendments made by the Act did not breach any constitutional or statutory provisions.

The court's reasoning was based on the provisions of the FMA, which allow for the amendment of the Act by the Legislative Assembly. The court found that the Legislative Assembly had followed the correct procedures in passing the Act, and that the amendments made by the Act were consistent with the purpose and scope of the FMA. The court also found that the amendments made by the Act were necessary and expedient for the purpose of amending the FMA, as they were intended to improve the financial management of the Territory.

The final orders of the court were that the amendments made by the Act were consistent with the FMA and were necessary and expedient for the purpose of amending the FMA. The court also found that the amendments made by the Act did not breach any constitutional or statutory provisions.