New South Wales Consolidated Acts

PARRAMATTA STADIUM TRUST ACT 1988 - SECT 12

12 Budget

(1) As soon as practicable after the commencement of this section, the Trust shall present to the Minister a budget showing estimates of its revenue and expenditure over the balance of the financial year within which that budget is presented.

(2) The Trust shall, before the commencement of each succeeding financial year, present to the Minister a budget showing estimates of the Trust’s revenue and expenditure for that financial year.

(3) The Minister may approve a budget presented to the Minister pursuant to this section or direct or allow the Trust to amend a budget before the Minister approves that budget.

(4) The Trust shall not, without the consent of the Minister, incur any expenditure that is not provided for in a budget that has been approved by the Minister under this section.