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APPROPRIATION ACT (NO. 4) 2009-2010 (NO. 25, 2010) - SECT 15

Advance to the Finance Minister

             (1)  If the Finance Minister determined an amount under subsection 15(2) of the Appropriation Act (No. 2) 2009‑2010 before the commencement of this Act, the amount is to be disregarded for the purposes of subsection 15(3) of that Act.

Note:          This means that, after the commencement of this Act, the Finance Minister has access to $380 million under section 15 of the Appropriation Act (No. 2) 2009‑2010 , regardless of amounts that have already been determined under that section.

             (2)  If:

                     (a)  this Act appropriates an amount for particular expenditure; and

                     (b)  before the commencement of this Act, the Finance Minister determines an amount (the advanced amount ) under section 15 of the Appropriation Act (No. 2) 2009‑2010 for the expenditure;

the amount appropriated by this Act for the expenditure is taken to be reduced (but not below nil) by the advanced amount.


 

   



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