Advance to the Finance Minister – section 11 of Appropriation Act (No. 2) 2000-2001 (No. 7 of 2000-2001)

Overview

The Legislative Instrument F2007B00781, introduced in 2001 under the Appropriation Act (No. 2) 2000-2001, was enacted to address the need for adjustments in appropriations to ensure that federal funding aligns with the operational requirements and policy objectives of specific government agencies. This legislation was issued by Phillip Prior, SES Band 2, of the Commonwealth Financial Reporting Unit within the Department of Finance and Administration. The primary policy objective of this Act is to facilitate a stronger, sustainable, and internationally competitive Australian industry, focusing on manufacturing, resources, and service sectors, as outlined under Outcome No. 1. The Act specifically authorises the adjustment of appropriations to meet these aims, ensuring that the Department of Industry, Science and Resources receives the necessary funds to achieve its strategic goals.

Scope and Application

The Legislative Instrument F2007B00781, pursuant to section 11 of the Appropriation Act (No. 2) 2000-2001, pertains specifically to the reallocation of financial resources within the Commonwealth framework. It authorises an increase in the appropriation item for the Department of Industry, Science and Resources by $711,500. This determination is made by Phillip Prior, SES Band 2, from the Commonwealth Financial Reporting Unit within the Department of Finance and Administration. The Act applies to the Department of Industry, Science and Resources, thereby affecting its budgetary allocations for the financial year 2000-2001. The legislation's jurisdictional reach is limited to the Commonwealth level, impacting federal budgetary procedures and financial management. This specific legislative instrument does not delineate any exclusions or exemptions; however, its application is confined to the stipulated appropriation item and agency as outlined in the document. The Act’s scope is narrowly tailored to this particular reallocation without broader implications for other entities or industries, reflecting a precise and targeted financial adjustment within the federal government's fiscal framework.

Key Provisions

The key operative sections of this legislative instrument are those that pertain to the advancement of funds to the Finance Minister, as detailed in section 11 of the Appropriation Act (No. 2) 2000-2001. This section (11) allows for the adjustment of appropriations for certain agencies by increasing or decreasing the allocated funds as specified in the relevant columns of the instrument. Specifically, section 11 empowers the designated individual, in this case Phillip Prior, SES Band 2 from the Commonwealth Financial Reporting Unit, Department of Finance and Administration, to determine the increase in appropriation for specified agencies, as detailed in the table within the instrument (Column 1 lists the appropriation item, Column 2 lists the agency, and Column 3 lists the amount of increase). This legislative instrument imposes certain obligations and requirements on the parties involved. Phillip Prior, in his capacity as the authorised officer, must ensure that the increases in appropriations are accurately determined and properly recorded. The Department of Industry, Science and Resources must also comply with the adjustments as specified, ensuring that any additional funds are utilised in accordance with the outcomes outlined in the appropriation act. Furthermore, all parties must adhere to the timelines and procedures set forth by the Appropriation Act (No. 2) 2000-2001, ensuring that the adjustments are made in a timely and transparent manner. Failure to comply with the provisions of this legislative instrument may result in various civil or criminal consequences, depending on the nature and severity of the breach. While the specific penalties are not detailed within this particular legislative instrument, it is important to note that breaches of appropriation acts can lead to legal action, fines, or other penalties as prescribed by relevant legislation. The maximum penalties for such breaches would typically be determined by the specific laws under which the breach occurs, and could include financial penalties or other sanctions as deemed appropriate by the courts. In summary, this legislative instrument provides a clear framework for the adjustment of appropriations as per section 11 of the Appropriation Act (No. 2) 2000-2001. It outlines the specific increases for designated agencies and imposes obligations on the involved parties to ensure compliance with the act. While the specific penalties for non-compliance are not detailed in this instrument, they are governed by broader legislative provisions that can include fines and other legal sanctions.