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This is a Bill, not an Act. For current law, see the Acts databases.


TREASURER'S ADVANCE AUTHORISATION BILL 2000

                           Western Australia


                      LEGISLATIVE ASSEMBLY




     Treasurer's Advance Authorisation Bill 2000


                               A Bill for


An Act to authorise the Treasurer to make certain payments and
advances and to specify a limit for the payments and advances so
authorised for the financial year commencing on 1 July 2000.



The Parliament of Western Australia enacts as follows:


1.      Short title
        This Act may be cited as the Treasurer's Advance Authorisation
        Act 2000.




                                                                page 1

                                118--1
     Treasurer's Advance Authorisation Bill 2000



     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 &
              "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 2000 under an enactment
                   corresponding to section 5(1)(b) or (c) as has not been
                   recouped or recovered before 1 July 2000.
              "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;
              "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 Authorisation Bill 2000



                                                                              s. 4



     4.         Treasurer's Advance Authorisation for 2000-2001
          (1)   During the financial year commencing on 1 July 2000 the
                Treasurer is authorised 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 2000,
10              no account is to 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 2000 --
                  (a) make payments of an extraordinary or unforeseen nature
                        in anticipation of, or in addition to, the relevant
20                      appropriations by Parliament, with that 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;


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     Treasurer's Advance Authorisation Bill 2000



     s. 6



                         (ii)   to accounts forming part of the Trust Fund; or
                        (iii)   for the purchase of stores,
                       with those 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
                       those 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 is to
                be credited to the Consolidated Fund.

25   6.         Crediting of amounts recouped or recovered
                The following are to 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
30                      (c);


     page 4
                   Treasurer's Advance Authorisation Bill 2000



                                                             s. 6



(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).




 


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