AUSTRALIAN CAPITAL TERRITORY

Financial Management Amendment Act 1999
No. 58 of 1999
CONTENTS

Section
	1	Name of Act
	2	Commencement
	3	Departmental budgets

AUSTRALIAN CAPITAL TERRITORY

Financial Management Amendment Act 1999
No. 58 of 1999
	
An Act to amend the Financial Management Act 1996
[Notified in ACT Gazette No 45: 10 November 1999]
	The Legislative Assembly for the Australian Capital Territory enacts as follows:
1 	Name of Act
	This Act is the Financial Management Amendment Act 1999.
2 	Commencement
	This Act commences on the day it is notified in the Gazette.
3 	Departmental budgets
	Section 12 of the Financial Management Act 19961 is amended by omitting subsection (4) and substituting the following subsection:
“(4) 	A proposed budget is to be in a form that facilitates a comparison, in respect of outputs, between—
	(a)	the proposed budget; and
	(b)	the budget for the department for the previous financial year; and
	(c)	the expected whole of year results for the department for that previous financial year.”.
	
Endnote
Act amended
1	Republished as in force on 31 January 1998.  See also Acts 1999 Nos 28, 33 and 36. 
[Presentation speech made in Assembly on 25 August 1999]

©  Australian Capital Territory 1999