Determination to Reduce Appropriations Upon Request (No. 15 of 2008-2009)

The instrument to which this explanatory statement relates

Determination to Reduce Appropriations Upon Request (No. 15 of 2008-2009)

Date instrument was made

19 January 2009

The legislative authority under which the instrument is made

Subsection 12(2) of annual Appropriation Act (No. 4)
2003-2004 enables the Minister for Finance and Deregulation (Finance Minister) to make a determination reducing an administered assets and liabilities item in a prior years Appropriation Act, listed in subsection 12(1) of Appropriation Act (No. 4) 2003-2004, for an entity, by the amount specified in the Determination, upon receipt of a written request from the Minister responsible for that entity.

A determination made under subsection 12(2) must be in accordance with a written request made to the Finance Minister by the responsible Minister for the entity.

A determination made under subsection 12(2) is a Legislative Instrument and is disallowable.

Purpose and effect of the instrument

Schedule 1, Item 1 of the Instrument determines that the administered assets and liabilities item for the Department of Education, Science and Training (DEST) in Appropriation Act (No. 2) 2003-2004 be reduced by $490,000.

The effect of this Instrument is to reduce the administered assets and liabilities item for DEST in Schedule 2 of Appropriation Act (No. 2) 2003-2004 by the amount of $490,000.

Background

The Minister for Education, Employment and Workplace Relations and Social Inclusion wrote to the Finance Minister on 18 December 2008 requesting a determination to reduce DEST’s administered assets and liabilities item under Appropriation Act (No. 2) 2003-2004. 

The requested reduction relates to savings associated with the National Radioactive Waste Repository.

Notes on the Instrument

Schedule 1 to the Instrument contains the Determination which provides that the entity in column 1, has the appropriation item in column 2, under the legislative authority in column 3, through the request by the responsible Minister in Column 4, reduced, by the amount in column 5.

In accordance with the Legislative Instruments Act 2003, DEST was consulted in the preparation of this Instrument.