Commonwealth Consolidated Acts

FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997 - SECT 21

             (1)  If another Act establishes a Special Account and identifies the purposes of the Special Account, then the CRF is hereby appropriated for expenditure for those purposes, up to the balance for the time being of the Special Account.

Note 1:       An Act that establishes a Special Account will identify the amounts that are to be credited to the Special Account.

Note 2:       An Appropriation Act provides for amounts to be credited to a Special Account if any of the purposes of the Account is a purpose that is covered by an item in the Appropriation Act.

Note 3:       See section 32A for when the crediting or debiting of an amount takes effect.

          (1A)  If an Act allows an amount standing to the credit of a Special Account to be applied, debited, paid or otherwise used for a particular purpose, then, unless the contrary intention appears, the amount may also be applied, paid or otherwise used in making a notional payment for that purpose.

Note:          This subsection applies to transactions that do not actually involve payments because the parties to the transaction are merely parts of the Commonwealth or acting as agents for the Commonwealth. For example, Agency 1 "pays" Agency 2 for services provided by Agency 2.

             (2)  Whenever an amount is debited against the appropriation in subsection (1), the amount is taken to be also debited from the Special Account.