Advance to the Finance Minister – section 11 of Appropriation Act (No. 2) 2000-2001 (No. 31 of 2000-2001)

Overview

The Appropriation Act (No. 2) 2000-2001 was enacted to provide for the appropriation of funds for the use of the Commonwealth of Australia in the financial year ending 30 June 2001. This Act was introduced to address the need for adequate funding allocation to various government departments and agencies to ensure the effective functioning of government services and programs. The Act was enacted by the Parliament of Australia, reflecting the legislative intent to allocate financial resources in line with the government's policy objectives for that fiscal year. The policy objective behind this particular appropriation is to support a stronger, more sustainable, and internationally competitive Australian industry, particularly in the manufacturing, resources, and services sectors, thereby fostering economic growth and development. This legislative instrument, F2007B00831, details an advancement to the Finance Minister under section 11 of the Appropriation Act (No. 2) 2000-2001. It specifies an increase in the appropriation for the Department of Industry, Science and Resources by $2,000,000, aimed at achieving the desired economic outcomes. This adjustment is authorised by Stephen Mayes, Team Leader Funding Team, Commonwealth Financial Reporting Unit, Budget Group, Department of Finance and Administration, and is designated as No. 31 of 2000-2001, dated 26 June 2001. The provision of additional funds is intended to bolster the industry sector's performance and contribute to the overall economic stability and competitiveness of Australia.

Scope and Application

The Appropriation Act (No. 2) 2000-2001, specifically Section 11, pertains to the allocation of appropriations within the Commonwealth of Australia, impacting federal departments and agencies, including the Department of Industry, Science and Resources. This legislative instrument provides authority to the designated officer, in this case, Stephen Mayes, Team Leader Funding Team, Commonwealth Financial Reporting Unit, Budget Group, Department of Finance and Administration, to adjust appropriation items for listed agencies. The increase in appropriation is aimed at supporting the outcome of a stronger, sustainable and internationally competitive Australian industry, specifically under Outcome 1 which encompasses the manufacturing, resources, and services sectors. This adjustment is geographically limited to the national jurisdiction of Australia and is effective from the date of determination, 26 June 2001. This legislative instrument does not explicitly state exclusions, exemptions, or specific thresholds but operates within the broader framework of the Appropriation Act, which itself is subject to various legislative and administrative interpretations. The Act's application may be extended or restricted through subordinate instruments, which are typically subject to ministerial or parliamentary oversight. The adjustments authorised by this instrument are specific to the listed appropriation item and agency, ensuring targeted financial support for the designated outcomes within the national industry framework.

Key Provisions

The key provisions of this legislative instrument (F2007B00831) revolve around section 11 of the Appropriation Act (No. 2) 2000-2001. This legislative instrument, executed by Stephen Mayes, Team Leader Funding Team, Commonwealth Financial Reporting Unit, Budget Group, Department of Finance and Administration, authorises an increase in a specific appropriation item. According to this legislative instrument, the appropriation item listed in Column 1 for the agency specified in Column 2 will be increased by the amount listed in Column 3. In this particular instance, the appropriation item under the Appropriation Act (No. 2) 2000-2001 for the Department of Industry, Science and Resources is to be increased by $2,000,000 (Section 11). The obligations and requirements imposed by this Act on the relevant parties or entities include ensuring that the specified appropriation item is accurately increased as per the legislative instrument. The Department of Finance and Administration, through its Commonwealth Financial Reporting Unit, Budget Group, is responsible for overseeing and implementing this financial adjustment. This process ensures that the funds are correctly allocated and that the Department of Industry, Science and Resources has the necessary resources to fulfil its mandate within the fiscal year 2000-2001. The legislative instrument clearly specifies the appropriation item, the agency concerned, and the amount by which the appropriation should be increased, leaving little room for ambiguity in its implementation. The Act does not explicitly detail offences, penalties, or civil/criminal consequences for breaches in this specific legislative instrument. However, general provisions within the Appropriation Act (No. 2) 2000-2001 may apply. If there were any discrepancies or unauthorised increases in appropriations, they could potentially lead to financial mismanagement or breaches of fiscal responsibility. Such breaches could result in disciplinary actions against the responsible officials, financial penalties, or other administrative consequences as deemed necessary by the relevant authorities. The exact penalties would depend on the nature and severity of the breach, as well as the internal policies and regulations of the Department of Finance and Administration.