Australian Capital Territory
Financial Management (Performance Criteria) Amendment 2018 (No 2) 
Notifiable instrument NI2018—153

made under the
Financial Management Act 1996, s19D (Amendment of performance criteria)

1	Name of instrument
	This instrument is the Financial Management (Performance Criteria) Amendment 2018 (No 2).
2	Commencement
	This instrument is taken to have commenced on 1 July 2017.
3	Amendment of 2017-2018 performance criteria
We amend the performance criteria in the 2017-2018 Budget Statements E; Output Class 4: Land Policy and Renewal by omitting the existing 2017-18 targets in column 4 of the schedule and inserting the corresponding amended 2017-18 targets in column 5 of the schedule.
Note	Section 19D (3) (f) of the Financial Management Act 1996 provides that performance criteria may be amended if the Minister and the Treasurer are satisfied that other performance criteria should be adopted for controlled recurrent payments to be provided to the territory entity. A review of the targets was undertaken by the Public Housing Renewal Taskforce to align the 2017-18 targets with the unit’s forecast program of works for the 2017-18 financial year. Due to administrative oversight the targets from the previous financial year were published in Budget Statements E 2017-18 in error. 

Andrew Barr MLA	Yvette Berry MLA
Treasurer	Minister for Housing and Suburban Development
Date: 19/3/18		Date: 14/03/2018

Schedule
(refer to section 3)

1.	2.	3.	4.	5.	
Directorate	2017-18 Budget Statements E 
Output Class and Output	Performance criteria	Existing 2017‑18 Targets	Amended 2017‑18 Targets	
Environment, Planning and Sustainable Development Directorate	Output Class 4 Land Policy and Renewal, Output 4.2 Urban Renewal	b.	Public Housing Renewal Program Contracts	362	320	
Environment, Planning and Sustainable Development Directorate	Output Class 4 Land Policy and Renewal, Output 4.2 Urban Renewal	c.	Public Housing Renewal Program Delivery	424	260