FINANCIAL MANAGEMENT ACT 2006 - SECT 25

FINANCIAL MANAGEMENT ACT 2006 - SECT 25

25 .         Appropriations, saving and transfer of in certain cases

        (1)         In this section —

        general purpose means a purpose —

            (a)         that is described in the estimates in general terms; and

            (b)         that is of a kind likely to require expenditure from 2 or more appropriation items to meet that purpose in a financial year.

        (2)         If, after the commencement of an Appropriation Act, the responsibility for a service or function for which an appropriation is made by the Act is transferred —

            (a)         the appropriation does not lapse; and

            (b)         any unexpended amount of the appropriation may be issued and applied, in accordance with a determination made by the Treasurer, for the purposes of that service or function.

        (3)         Subsection (2) has effect despite the provisions of any Appropriation Act.

        (4)         Subject to subsection (5), if an amount is appropriated by an Appropriation Act for a financial year by way of a central appropriation for a general purpose, the Treasurer may direct the transfer of a portion of that amount to another appropriation item.

        (5)         The transfer may be made only to meet all or part of the actual or estimated expenditure that accords with both the general purpose and the purpose of the item to which the transfer is made.

        (6)         If a portion of an amount is transferred under subsection (4) from a central appropriation to another appropriation item, expenditure against that portion —

            (a)         is taken to be expenditure under that item; and

            (b)         is to be recorded and reported under this Act accordingly.