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This is a Bill, not an Act. For current law, see the Acts databases.
Western Australia
LEGISLATIVE ASSEMBLY
Treasurer's Advance Authorization Bill
1999
A Bill for
An Act to authorize the Treasurer to make certain payments and
advances and to specify a limit for the payments and advances so
authorized for the financial year commencing on 1 July 1999 and to
amend the Treasurer's Advance Authorization Act 1998.
The Parliament of Western Australia enacts as follows:
1. Short title
This Act may be cited as the Treasurer's Advance Authorization
Act 1999.
page 1
83 -- 1
Treasurer's Advance Authorization Bill 1999
s. 2
2. Commencement
This Act comes into operation on the day on which it receives
the Royal Assent.
3. Interpretation
5 In this Act, unless the contrary intention appears C
"Consolidated Fund" means the Fund of that name established
by section 64 of the Constitution Act 1889 and referred to in
section 6 of the Financial Administration and Audit
Act 1985;
10 "existing works and services advance" means so much of any
advance made before 1 July 1999 under an enactment
corresponding to section 5(1)(b) or (c) as has not been
recouped or recovered before 1 July 1999.
"local governments" means local governments or regional
15 local governments established under the Local Government
Act 1995;
"public authorities" means the Governor in Executive Council,
Ministers of the Crown in right of the State, Government
Departments, State trading concerns, State
20 instrumentalities, State agencies, and public statutory
bodies, corporate or unincorporate, established by or under
a law of the State;
"Treasurer" means the Treasurer of the State;
"Treasurer's Advance Account" means the Account of that
25 name referred to in section 8 of the Financial
Administration and Audit Act 1985; and
"Trust Fund" means the Fund of that name referred to in
section 9 of the Financial Administration and Audit Act
1985.
page 2
Treasurer's Advance Authorization Bill 1999
s. 4
4. Treasurer's Advance Authorization for 1999-2000
(1) During the financial year commencing on 1 July 1999 the
Treasurer is authorized to make payments or advances under
this Act but the aggregate of --
5 (a) the payments and advances made; and
(b) any existing works and services advances,
is not to exceed $300 000 000.
(2) In calculating the aggregate mentioned in subsection (1) at any
point of time in the financial year commencing on 1 July 1999,
10 no account shall be taken of so much of --
(a) any advance under section 5(1)(b) or (c); or
(b) any existing works and services advance,
as has been recouped or recovered in that financial year.
5. Purposes for which money can be paid or advanced
15 (1) Subject to the Financial Administration and Audit Act 1985 and
section 4(1), the Treasurer may in the financial year
commencing on 1 July 1999 --
(a) make payments of an extraordinary or unforeseen nature
in anticipation of, or in addition to, the relevant
20 appropriations by Parliament, with such expenditure to
be charged in that financial year to the Consolidated
Fund and to be subsequently submitted to Parliament for
appropriation from the Consolidated Fund;
(b) make advances, on such terms as the Treasurer thinks
25 fit, for the temporary financing of works and services of
the State or to officers of public authorities including
advances --
(i) to public authorities;
page 3
Treasurer's Advance Authorization Bill 1999
s. 6
(ii) to accounts forming part of the Trust Fund; or
(iii) for the purchase of stores,
with such advances to be charged in that financial year
to the Treasurer's Advance Account and to be recouped
5 by charging the specific appropriation of Parliament
applicable thereto with the expenditure on those works
or services or by recovering the advances from the
public authorities, Trust Fund accounts or officers of
public authorities to or on whose account the advances
10 were made; and
(c) make advances, on such terms as the Treasurer thinks
fit, for the temporary financing of works and services
undertaken in conjunction with, or on behalf of, other
Commonwealth, State or Territory Governments, local
15 governments or persons, or by those Governments, local
governments or persons on behalf of the State, with such
advances to be charged in that financial year to the
Treasurer's Advance Account and to be recovered from
the Governments, local governments or persons to or on
20 whose account the advances were made.
(2) The terms of an advance under subsection (1)(b) or (c) may
include an obligation to pay interest on the advance at a rate
determined by the Treasurer and any such interest received shall
be credited to the Consolidated Fund.
25 6. Crediting of amounts recouped or recovered
There shall be credited to the Treasurer's Advance Account --
(a) any portion of an advance under section 5(1)(b) or (c)
that is recouped or recovered under section 5(1)(b) or
(c); and
page 4
Treasurer's Advance Authorization Bill 1999
s. 7
(b) any portion of an existing works or services advance
that is recouped or recovered under an enactment
corresponding to section 5(1)(b) or (c).
7. Section 4 of Treasurer's Advance Authorization Act 1998
5 amended
Section 4(1) of the Treasurer's Advance Authorization Act
1998* is amended by deleting "$300 000 000" and substituting
the following --
" $460 000 000 ".
10 [*Act No. 16 of 1998]
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