Consolidated Fund Supply Act 2006
An Act to make interim provision for the appropriation of money out of the Consolidated Fund for the service of the financial year ending on 30 June 2007, to authorise the Treasurer to borrow money on behalf of the State and for related purposes
[Royal Assent 26 June 2006]
Be it enacted by His Excellency the Governor of Tasmania, by and with the advice and consent of the Legislative Council and House of Assembly, in Parliament assembled, as follows:
This Act may be cited as the Consolidated Fund Supply Act 2006 .
This Act commences on 1 July 2006.
3. Issue, application and appropriation of $531 862 000
(1) In respect of the financial year ending on 30 June 2007, the Treasurer may –(a) issue the sum of $531 862 000 out of the Consolidated Fund; and(b) apply that sum for the purposes specified in Schedule 1 .(2) The sum specified in subsection (1) is appropriated.
The Treasurer may borrow such money as may be required for the purposes of the State.
5. Inclusion of expenditure in ordinary Appropriation Act
The Treasurer must incorporate in the estimates of expenditure from the Consolidated Fund set out in the Bill for the ordinary Appropriation Act for the financial year ending on 30 June 2007 all money issued and applied, or to be issued and applied, under this Act as if that issue and application were to be appropriated afresh by that Act.
SCHEDULE 1 - Supply 2006-2007
[Second reading presentation speech made in:
House of Assembly on 1 JUNE 2006
Legislative Council on 14 JUNE 2006]