South Australian Consolidated Acts (1) As soon as
practicable after the commencement of this Act the Trust shall present to the
Minister a budget showing its estimates of receipts and payments over the
balance of the financial year within which the budget is presented and
thereafter the Trust shall before the commencement of each succeeding
financial year present to the Minister a budget showing its estimates of its
receipts and payments for that succeeding financial year.
(2) The Minister may
approve, with or without amendment, of any budget presented to him pursuant to
subsection (1) of this section.
(3) The Trust shall
not, without the consent of the Minister, make any expenditure that is not
authorised by an approved budget.
(4) In this
section—
"approved budget" means a budget that has been approved of by the Minister.