Financial Management (Cost of Living) Amendment Act 2012 (ACT)

Financial Management (Cost of Living) Amendment Act 2012

A2012-15

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 (Cost of Living) Amendment Act 2012.

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)).

3. Legislation amended

   This Act amends the Financial Management Act 1996.

4. Territory budgets
   New section 11 (1) (f)

   insert

   (f)a statement about the effect of the following on an ACT household for the financial year:

   (i)Territory taxes and fees that have a direct effect on the household;

   (ii)Territory concessions that offset the taxes and fees mentioned in subparagraph (i).

Endnotes

1. Presentation speech

   Presentation speech made in the Legislative Assembly on 22 February 2012.

2. Notification

   Notified under the Legislation Act on 15 May 2012.

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 (Cost of Living) Amendment Bill 2012, which was passed by the Legislative Assembly on 2 May 2012.

   Clerk of the Legislative Assembly

   © Australian Capital Territory 2012