Supply Act (No. 1) 1966-67

Overview

The Supply (No. 1) 1966–67 Act was enacted in 1966 to address the need for interim financial provisions for the appropriation of funds from the Consolidated Revenue Fund for the fiscal year ending 30 June 1967. This legislation was enacted by the Queen, in accordance with the authority of the Senate and the House of Representatives of the Commonwealth of Australia. The primary objective of this Act was to authorise the Treasurer to issue and apply a specific sum of money for the services detailed in the accompanying schedule, ensuring the necessary funding was available for government operations and services for that financial year. The Act allows for the appropriation of $878,981,000, which includes allocations for various departments and services, business undertakings, and territories of the Commonwealth. This funding is intended to cover the expenditures required for the federal government's operations and initiatives throughout the specified financial year. By establishing these financial provisions, the Act ensures that the government can continue to function effectively and deliver services to the Australian public without interruption.

Scope and Application

The Supply Act (No. 1) 1966–67 applies to the appropriation of funds from the Consolidated Revenue Fund for the financial year ending 30 June 1967, enabling the Treasurer to issue and apply specific sums for various departments, services, business undertakings, and territories of the Commonwealth. The Act allows the appropriation of a total sum of Eight hundred and seventy-eight million nine hundred and eighty-one thousand dollars, broken down across different departments such as Parliament, Attorney-General's Department, Department of Civil Aviation, and others, as well as business undertakings like Commonwealth Railways and territories such as the Australian Capital Territory and Papua and New Guinea. This Act operates under the jurisdiction of the Commonwealth of Australia and comes into effect upon receiving Royal Assent. It does not specify any exclusions or exemptions and extends its application through the detailed appropriation outlined in the Act’s Schedule.

Key Provisions

The main operative sections of the Supply (No. 1) 1966–67 Act, as described in section 3(1), allow the Treasurer to issue funds from the Consolidated Revenue Fund and apply them to specific services for the financial year ending on 30 June 1967. The exact sum involved is $878,981,000. This allocation is detailed in the Act's Schedule, which lists the amounts allocated to various departments and services, including Parliament, the Attorney-General’s Department, and numerous other departments and services, as well as to business undertakings and the territories of the Commonwealth. Section 3(2) specifies that the Consolidated Revenue Fund is appropriated to the extent necessary to cover these allocations. The obligations imposed by this Act primarily concern the Treasurer, who is responsible for issuing the funds and applying them according to the specified services outlined in the Schedule. The Act requires the Treasurer to ensure that the funds are distributed accurately and in accordance with the allocations detailed in the Schedule. The Act also places a duty on the various departments and services to ensure that they use the allocated funds for the purposes for which they were intended. Regarding offences and penalties, the Act itself does not explicitly outline any specific penalties or criminal consequences for breaches of its provisions. However, breaches of the appropriation process or mismanagement of funds could potentially lead to legal consequences under other relevant legislation, such as the Public Governance, Performance and Accountability Act 2013 (Cth). Such consequences could include disciplinary action against public officials, financial penalties, or legal proceedings for mismanagement or misappropriation of funds. The precise penalties would depend on the nature and severity of the breach, as well as the specific provisions of other applicable laws.