2014
THE LEGISLATIVE ASSEMBLY
FOR THE AUSTRALIAN CAPITAL TERRITORY

(As presented)
(Treasurer)
Appropriation (Loose-fill Asbestos Insulation Eradication) Bill 2014-2015

Contents
	Page
	1	Name of Act	2
	2	Commencement	2
	3	Purposes of Act	2
	4	Definitions for Act	2
	5	Terms used in Financial Management Act	2
	6	Appropriations of $762 031 000—Loose-fill Asbestos Insulation Eradication Scheme	3
	7	Appropriation units and output classes	3
Schedule 1	Appropriations, appropriation units and output classes	4

2014
THE LEGISLATIVE ASSEMBLY
FOR THE AUSTRALIAN CAPITAL TERRITORY

(As presented)
(Treasurer)
Appropriation (Loose-fill Asbestos Insulation Eradication) Bill 2014-2015

A Bill for
An Act to appropriate money for the Loose-fill Asbestos Insulation Eradication Scheme and related purposes for the financial year that began on 1 July 2014

    

The Legislative Assembly for the Australian Capital Territory enacts as follows:

1	Name of Act
This Act is the Appropriation (Loose-fill Asbestos Insulation Eradication) Act 2014-2015.
2	Commencement
This Act commences, or is taken to have commenced, on 1 July 2014.
3	Purposes of Act
This Act is made for the purposes of—
	(a)	the Self-Government Act, section 57 and section 58; and
	(b)	the Financial Management Act, section 6 and section 8.
4	Definitions for Act
In this Act:
agency means a directorate, territory authority or territory-owned corporation.
Financial Management Act means the Financial Management Act 1996.
financial year means the year that began on 1 July 2014.
5	Terms used in Financial Management Act
A term used in the Financial Management Act has the same meaning in this Act.
6	Appropriations of $762 031 000—Loose-fill Asbestos Insulation Eradication Scheme
If an agency is mentioned in a part of schedule 1, column 1—
	(a)	the amount mentioned in that part, column 4 is appropriated to the agency for the additional net cost of providing outputs in the financial year for the appropriation unit mentioned in that part, column 2 (the relevant appropriation unit); and
	(b)	the amount mentioned in that part, column 5 is appropriated to the agency for additional capital injection in the financial year for the relevant appropriation unit; and
	(c)	the amount mentioned in that part, column 6 is appropriated to the agency for additional payments to be made on behalf of the Territory in the financial year for the relevant appropriation unit.
7	Appropriation units and output classes
	(1)	A group of outputs mentioned in schedule 1, column 3 is identified as a class of outputs for the Financial Management Act.
	(2)	An appropriation unit mentioned in schedule 1, column 2 consists of the class of output mentioned in column 3 for the appropriation unit.

Schedule 1	Appropriations, appropriation units and output classes
(see s 6 and s 7)

column 1
agency	column 2
appropriation unit	column 3
class of output
	column 4
net cost of outputs
	column 5
capital injection
	column 6
payments on behalf of Territory	column 7
total
	
			$	$	$	$	
Part 1.1
Chief Minister, Treasury and Economic Development Directorate	
Chief Minister, Treasury and Economic Development Directorate	
1	Loose-fill Asbestos Insulation Eradication
	
337 777 000	
412 223 000		
750 000 000 	
Part 1.2
Territory Banking Account
	
Territory Banking Account	
1	Territory Banking Account			
12 031 000	
12 031 000	
Total appropriated to agencies			
337 777 000	
412 223 000	
12 031 000	
762 031 000	

Endnotes
1	Presentation speech
	Presentation speech made in the Legislative Assembly on 25 November 2014.
2	Notification
	Notified under the Legislation Act on	2014.
3	Republications of amended laws
	For the latest republication of amended laws, see www.legislation.act.gov.au.

© Australian Capital Territory 2014