ADVANCE TO THE FINANCE MINISTER – SECTION 10 OF APPROPRIATION ACT (No.2) 1999-2000
I, Phillip Prior, SES Band 2, Budget Group, Department of Finance and Administration, pursuant to Section 10 of Appropriation Act (No. 2) 1999-2000, hereby determine that the appropriation item listed in Column 1 for the agency listed in Column 2 be increased by the amount listed in Column 3.
Column 1 Appropriation Item | Column 2 Agency | Column 3 Amount |
| | $ |
| | |
Appropriation Act (No. 2) 1999-2000 | Department of Finance and Administration | |
Administered Expenses - SPP | | |
Outcome 2 | | 16,250,000 |
| | |
| | |
Phillip Prior No. 26 of 1999-2000
29 June 2000
Overview
The Appropriation Act (No. 2) 1999-2000 was enacted by the Parliament of Australia to provide for the appropriation of certain monies for the service of the financial year ending 30 June 2000, and for related purposes. This Act was introduced to address the need for additional funding for specific government agencies and programs to ensure the continued delivery of public services and projects. In this context, the legislative instrument F2007B00775, executed by Phillip Prior, SES Band 2, Budget Group, Department of Finance and Administration, serves to increase an appropriation item for the Department of Finance and Administration. The policy objective of this particular legislative instrument is to augment the Administered Expenses - SPP Outcome 2 budget by $16,250,000 to support the department's financial requirements for the specified fiscal year.
Scope and Application
The Legislative Instrument F2007B00775 pertains to the amendment of appropriation items under the Appropriation Act (No. 2) 1999-2000, specifically addressing the allocation of funds within the Department of Finance and Administration. It applies directly to the Department of Finance and Administration and affects the appropriation item listed as 'Administered Expenses - SPP Outcome 2'. The amendment increases this appropriation by $16,250,000. The legislative instrument is issued under the authority of the Appropriation Act (No. 2) 1999-2000, which provides the legal basis for the adjustment of budget allocations for federal government agencies. The determination is made by Phillip Prior, an official within the SES Band 2, Budget Group of the Department of Finance and Administration, and is intended to alter the financial resources available to the department for specific outcomes. This legislative instrument operates within the Commonwealth jurisdiction, impacting the federal budget and the financial administration of the department. No specific exclusions or exemptions are detailed within the instrument itself, but the changes it enacts are subject to the broader parameters set by the Appropriation Act and any relevant budgetary constraints or legislative requirements.
Key Provisions
The Appropriation Act (No. 2) 1999-2000, under Section 10, provides the authority for the advancement of funds to specified appropriation items for particular agencies. In this case, Section 10 allows the Finance Minister to determine an increase in funding for specific appropriation items for various government agencies, as evidenced by the determination made by Phillip Prior, SES Band 2, from the Budget Group in the Department of Finance and Administration. According to the legislative instrument F2007B00775, Phillip Prior has determined that the appropriation item for "Administered Expenses - SPP Outcome 2" for the Department of Finance and Administration should be increased by $16,250,000. This adjustment reflects the need for additional funding for specific activities or projects within the department's outcome 2.
The obligations and requirements imposed by this Act are primarily administrative and financial in nature. The Finance Minister, through Phillip Prior, must ensure that the allocation of funds aligns with the budgetary and operational needs of the specified agency. The determination made under Section 10 must be meticulously documented and justified, as it involves a significant increase in budgetary allocation. Proper documentation and justification are crucial to maintain transparency and accountability in the allocation process. The agency receiving the increased funds must also adhere to the stipulations of the Appropriation Act, ensuring that the additional funds are utilised for the intended purposes without any deviation.
Failure to comply with the provisions of the Appropriation Act (No. 2) 1999-2000 can lead to various consequences. If an agency misallocates or improperly uses the advanced funds, it may face legal and administrative repercussions. The misuse of funds could result in financial penalties, and in severe cases, criminal charges for fraud or embezzlement. The maximum penalties for such offences can vary but may include fines and imprisonment, depending on the severity and intent behind the breach. Additionally, any mismanagement or failure to justify the increased appropriation could lead to audits and investigations by the relevant government oversight bodies, further compounding the repercussions for non-compliance.