Parliament Budget 2024/2025
Appropriation (Parliament 2024-2025) Bill 2024
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The Treasurer may issue specified amounts from the Consolidated Fund for the purposes listed in Schedule 1 for the 2024/2025 financial year.
The Treasurer has authority to provide additional funding if legislation or determinations increase salaries and related costs during the year.
Spending from the Consolidated Fund must not exceed the amounts specified for each item in Schedule 1.
The Consolidated Fund can be used for expenses or obligations that arise in 2024/2025 even if payment is not required until a future year.
Departments may increase their net asset base by an amount up to the depreciation amount with the Treasurer's approval.
The Act automatically repeals on the fourth anniversary of receiving Royal Assent.