Victorian Consolidated Legislation

Financial Management Act 1994 - SECT 35

Temporary advances

35. Temporary advances



(1) There may be issued temporarily out of the Public Account in a financial
year any money (not exceeding in total 0×5% of the total amount appropriated
by the annual appropriation Act for that year) required to be provided for
advances to the Minister to enable him or her to meet urgent claims before
Parliamentary sanction is obtained.

(2) All money issued under subsection (1) must be paid back into the Public
Account immediately Parliamentary sanction is obtained.

(3) All expenses and obligations met from money issued under subsection (1)
must be included in the expenses and obligations of the financial year in
respect of which the advances were made.





(4) If-

   (a)  Parliamentary sanction has not been obtained for the expenses or
        obligations during the financial year in which an advance under this
        section was made; and

   (b)  the Minister considers it necessary or expedient to carry forward any
        part of the unused advance to the accounts of the next financial year-

the Minister may do so.