Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) The school board of a government school must approve a budget for each year.
(2) The school board must approve the budget before the date decided by the chief executive.
(3) The budget may only be approved by the school board if it is in the form, and based on the accounting or other policies or practices, (if any) required by the chief executive.
(4) The chief executive may ask the school board to approve a budget for a part of a year.
(5) The school board must comply with the request.
(6) If the school board approves the budget, money of the school may be spent in accordance with the budget.