Overview

The legislative instrument F2007B00768 pertains to an advance to the Finance Minister under Section 10 of the Appropriation Act (No. 4) 1999-2000. Enacted in 1999-2000, this legislation was introduced to address the need for timely financial allocations to ensure the smooth functioning of government agencies. The instrument was authorised by Phillip Prior, SES Band 2, from the Budget Group of the Department of Finance and Administration, and it serves to increase a specific appropriation item for the Department by the sum of $12,590,000. This adjustment is aimed at providing necessary funds to meet the operational requirements of the agency as determined by the responsible authorities. The enacting body in this instance is the Parliament of Australia, with the policy objective of facilitating efficient financial administration within government departments.

Scope and Application

The Legislative Instrument F2007B00768, issued under Section 10 of the Appropriation Act (No. 4) 1999-2000, pertains specifically to the adjustment of appropriation items for the fiscal year in question. The document, executed by Phillip Prior, SES Band 2 from the Budget Group of the Department of Finance and Administration, authorises an increase in the appropriation for the Administered Capital of the Department of Finance and Administration by a sum of $12,590,000. This legislative instrument is limited to the Commonwealth jurisdiction and applies directly to the specified appropriation item and agency, ensuring that the financial resources are adequately allocated as determined by the Finance Minister. No exclusions, exemptions, or thresholds are mentioned in the instrument itself, though the application and interpretation of this allocation may be further defined through subordinate instruments or other legislative guidance.

Key Provisions

The main operative sections of this legislative instrument pertain to the increase of appropriation items for specific agencies. Section 10 of the Appropriation Act (No. 4) 1999-2000 empowers Phillip Prior, SES Band 2, from the Budget Group of the Department of Finance and Administration, to make determinations about increasing appropriations for designated agencies (Section 10). In this case, Phillip Prior has determined an increase for the Department of Finance and Administration under the "Administered Capital" appropriation item by the amount of $12,590,000. The increase is documented in a table format, with columns specifying the appropriation item, the agency, and the amount of the increase. The legislative instrument is numbered No. 19 of 1999-2000 and was issued on 26 June 2000. The obligations and requirements imposed by this Act are primarily administrative and budgetary in nature. Phillip Prior, as the authorised official, must ensure that the appropriation increase is accurately documented and communicated to relevant stakeholders within the Department of Finance and Administration. The Act requires that any such changes be transparent and properly recorded to maintain fiscal accountability and compliance with budgetary processes. Additionally, the Act mandates that the increase be reflected in the relevant financial records and reports, ensuring that the changes are accurately accounted for in the agency's budget. The Act does not explicitly state any offences, penalties, or civil/criminal consequences for breach. However, given its nature as a budgetary adjustment, non-compliance with the prescribed processes could potentially lead to financial mismanagement or misreporting, which might result in broader administrative or legal consequences. The severity and specific nature of these potential consequences would depend on the context and the extent of the non-compliance, as well as any subsequent investigations or audits that might be triggered by discrepancies in the financial records. In general, ensuring adherence to budgetary laws and processes is critical to avoid any legal or administrative repercussions.