Financial Management Amendment Act 2025 (ACT)

Financial Management Amendment Act 2025

A2025-17

An Act to amend the Financial Management Act 1996

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

1. Name of Act

   This Act is the Financial Management Amendment Act 2025.

2. Commencement

   This Act commences on the 7th day after its notification day.

   NoteThe naming and commencement provisions automatically commence on the notification day (see Legislation Act, s 75 (1)).

3. Legislation amended

   This Act amends the Financial Management Act 1996.

4. Assembly to be told about Treasurer’s advance
   New section 18C (1A) and (1B)

   insert

   (1A)If the Treasurer authorises a Treasurer’s advance, the Treasurer must within 5 business days after authorising the advance give the Speaker a copy of the authorisation.

   (1B)The Speaker must arrange for a copy of the authorisation to be given to each member of the Legislative Assembly as soon as practicable after it is received by the Speaker.

5. New section 18C (3)

   after the note, insert

   (3)In this section—

   Speaker includes—

   (a)if the Speaker is unavailable—the Deputy Speaker; and

   (b)if both the Speaker and Deputy Speaker are unavailable—the clerk of the Legislative Assembly.

   unavailable—

   (a)the Speaker is unavailable if—

   (i)the Speaker is absent from duty; or

   (ii)there is a vacancy in the office of the Speaker; or

   (iii)the Speaker cannot for any reason exercise the functions of the Speaker; and

   (b)the Deputy Speaker is unavailable if—

   (i)the Deputy Speaker is absent from duty; or

   (ii)there is a vacancy in the office of the Deputy Speaker; or

   (iii)the Deputy Speaker cannot for any reason exercise the functions of the Deputy Speaker.

6. Capital works reserve—Treasurer must notify Assembly
   New section 18G (1A) and (1B)

   insert

   (1A)The Treasurer must within 5 business days after authorising the advance give the Speaker a copy of the authorisation.

   (1B)The Speaker must arrange for a copy of the authorisation to be given to each member of the Legislative Assembly as soon as practicable after it is received by the Speaker.

7. New section 18G (3)

   after the notes, insert

   (3)In this section—

   Speaker includes—

   (a)if the Speaker is unavailable—the Deputy Speaker; and

   (b)if both the Speaker and Deputy Speaker are unavailable—the clerk of the Legislative Assembly.

   unavailable—

   (a)the Speaker is unavailable if—

   (i)the Speaker is absent from duty; or

   (ii)there is a vacancy in the office of the Speaker; or

   (iii)the Speaker cannot for any reason exercise the functions of the Speaker; and

   (b)the Deputy Speaker is unavailable if—

   (i)the Deputy Speaker is absent from duty; or

   (ii)there is a vacancy in the office of the Deputy Speaker; or

   (iii)the Deputy Speaker cannot for any reason exercise the functions of the Deputy Speaker.

Endnotes

1. Presentation speech

   Presentation speech made in the Legislative Assembly on 9 April 2025.

2. Notification

   Notified under the Legislation Act on 26 May 2025.

3. Republications of amended laws

   For the latest republication of amended laws, see certify that the above is a true copy of the Financial Management Amendment Bill 2025, which was passed by the Legislative Assembly on 15 May 2025.

   Clerk of the Legislative Assembly

   © Australian Capital Territory 2025