Western Australian Consolidated Acts

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FINANCIAL MANAGEMENT ACT 2006 - SECT 24

24 .         Payments before grant of supply

        (1)         If, before the end of a financial year (the previous year ), no supply is granted to meet the requirements of the next financial year (the current year ), the Treasurer may make and charge to the Consolidated Account any payments and advances to meet those requirements at the start of the current year that do not exceed in total an amount equal to 20% of the total amount appropriated for the previous year by the Appropriation Acts.

        (2)         The authority conferred on the Treasurer by subsection (1) authorises payments and advances to be made only for the purposes —

            (a)         for which expenditure was authorised for the previous year by the Appropriation Acts; or

            (b)         for which expenditure was authorised under section 27(1) to meet the requirements of the previous year.

        (3)         The authority conferred on the Treasurer by subsection (1) ceases to have effect —

            (a)         at the end of the first 2 months of the current year; or

            (b)         on the commencement of an Act granting supply for the current year,

                whichever occurs first.

        (4)         On the commencement of the Appropriation Acts appropriating the Consolidated Account for the current year, the payments and advances made by the Treasurer under subsection (1) to meet the requirements of the current year are taken to be expenditure appropriated by those Acts for the current year in respect of the purposes for which the payments and advances were made.



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