South Australian Consolidated Acts

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OUTBACK AREAS COMMUNITY DEVELOPMENT TRUST ACT 1978 - SECT 19

19—Budget

        (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.



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