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Advance to the Finance Minister Determination (No. 2 of 2020-2021) | Zoe

Commonwealth legislation

Advance to the Finance Minister Determination (No. 2 of 2020-2021)

In ForceCTH

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

2/10 complexity

This determination, made by the Minister for Finance under the Supply Act (No. 1) 2020–2021, increases the Schedule 1 appropriation for the Australian Trade and Investment Commission (Austrade) by $230,080,000. The Minister records satisfaction with the Act’s preconditions, so the Commonwealth’s budgeted funds for that administered item and outcome are raised.

The instrument expands Austrade’s spending capacity within the existing appropriation label but does not create new programs, specify recipients, or set spending conditions.

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Current sections

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Advance to the Finance Minister Determin

Advance to the Finance Minister Determination (No. 2 of 2020-2021)

Advance to the Finance Minister Determination (No. 2 of 2020-2021)

I, Mathias Hubert Paul Cormann, Minister for Finance, being satisfied of the matters set out in subsection 10(1) of Supply Act (No. 1) 2020‑2021 (the Act), make the following determination under subsection 10(2) of the Act:

That the Act have effect as if Schedule 1 of the Act were amended so that the item described in Column 1 of the Table, for the Entity listed in Column 2 of the Table, was increased by the amounts listed in Column 3 of the Table.

Table

	Column 1	Column 2	Column 3
Item	Appropriation Item	Entity	Amount
1	Administered item, Outcome 1	Australian Trade and Investment Commission	$230,080,000

Dated: 24 August 2020

MATHIAS HUBERT PAUL CORMANN

Minister for Finance

Column 3

Column 3

Column 3

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

Advance to the Finance Minister Determin Advance to the Finance Minister Determination (No. 2 of 2020-2021)

Advance to the Finance Minister Determination (No. 2 of 2020-2021)

I, Mathias Hubert Paul Cormann, Minister for Finance, being satisfied of the matters set out in subsection 10(1) of Supply Act (No. 1) 2020‑2021 (the Act), make the following determination under subsection 10(2) of the Act:

That the Act have effect as if Schedule 1 of the Act were amended so that the item described in Column 1 of the Table, for the Entity listed in Column 2 of the Table, was increased by the amounts listed in Column 3 of the Table.

Table

	Column 1	Column 2	Column 3
Item	Appropriation Item	Entity	Amount
1	Administered item, Outcome 1	Australian Trade and Investment Commission	$230,080,000

Dated: 24 August 2020

MATHIAS HUBERT PAUL CORMANN

Minister for Finance

Column 3 Column 3

Column 3