New South Wales Bills Explanatory Notes

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SUPPLY BILL 1995

[Act 1995 No 38]
New South Wales
Supply Bill 1995

Explanatory note

This explanatory note relates to this Bill as introduced into Parliament.

The Parliamentary Supply Bill 1995 is cognate with this Bill.

Overview of Bill

Pending the enactment of the annual Appropriation Act, the Treasurer is
authorised, under section 25 of the Public Finance and Audit Act 1983, to
make payments from the Consolidated Fund during the first 3 months of the
new financial year (July, August and September) in respect of regularly
recurring services and ordinary contingencies. Those payments are, on the
passing of the Appropriation Act, to be regarded as having been made out of
money appropriated by that Act.

The object of this Bill is to make provision, pending the enactment of this
year's Appropriation Act, for the Treasurer to make payments from the
Consolidated Fund during the months of October, November and December
in respect of regularly recurring services and ordinary contingencies (other
than those of the Legislature) as follows:

Supply Bill 1995 [Act 1995 No 38]
Explanatory note

$
Recurrent services
4,771,095,000
Capital works and services
667,258,000
$5,438,353,000
The Appropriation Act will contain a provision to the effect that amounts
expended under the Supply Act are to be regarded as having been made out
of money appropriated by the Appropriation Act.

Outline of provisions

Clause 1 sets out the name (also called the short title) of the proposed Act.

Clause 2 provides for the proposed Act to commence on the date of assent.

Clause 3 appropriates money for recurrent services during October,
November and December 1995.

Clause 4 appropriates money for capital works and services during
October, November and December 1995.

Clause 5 authorises the Treasurer to pay the sums appropriated.

Explanatory note page 2

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