Western Australian Consolidated Acts

FINANCIAL MANAGEMENT ACT 2006 - SECT 40

40 .         Accountable authorities of statutory authorities to prepare and submit annual estimates

        (1)         Unless otherwise directed in writing by the Treasurer, the accountable authority of a statutory authority is to prepare annual estimates of the financial operations of the statutory authority (the annual estimates ) in the manner prescribed by the Treasurer’s instructions.

        (2)         The accountable authority is to submit the annual estimates to the Minister for approval at the time determined by the Treasurer and in the manner prescribed by the Treasurer’s instructions.

        (3)         The Minister may —

            (a)         approve the annual estimates; or

            (b)         reject them and require the accountable authority to prepare and submit for approval amended annual estimates within the period that the Minister directs.

        (4)         Subsection (3) also applies to amended annual estimates submitted under that subsection.