Charter of Budget Responsibility Act 2007
Part 5Pre-election financial outlook report
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Part 5 Pre-election financial outlook report
9. Purpose of pre-election financial outlook report
The purpose of a report is to provide updated information on the estimates disclosed in the budget papers for the current budget year and the following 3 financial years.
10. Assessment of the need for, and public release of, a report
(1) [Part 5 of Schedule 1 Amended by No. 37 of 2015, s. 4, Applied:13 Oct 2015] [Part 5 of Schedule 1 Amended by No. 34 of 2011, s. 4, Applied:25 Oct 2011] Within 5 days of the commencement of the election costing period, the Secretary is to review the estimates referred to in clause 9 .
(2) [Part 5 of Schedule 1 Amended by No. 4 of 2017, Sched. 1, Applied:01 Jul 2019] If the estimates do not vary materially from the information presented in either the revised estimates report or budget papers, whichever is the more recent, the Secretary must inform the Premier and publicly release a notice that no report will be issued.
(3) [Part 5 of Schedule 1 Amended by No. 4 of 2017, Sched. 1, Applied:01 Jul 2019] [Part 5 of Schedule 1 Amended by No. 37 of 2015, s. 4, Applied:13 Oct 2015] [Part 5 of Schedule 1 Amended by No. 34 of 2011, s. 4, Applied:25 Oct 2011] If the estimates do vary materially from the information presented in either the revised estimates report or budget papers, whichever is the more recent, the Secretary must prepare a report within 10 days of the commencement of the election costing period.
(4) The Secretary must submit the report to the Premier and publicly release the report.
(5) The Secretary is to determine the format of the report.
11. Treasurer to provide information to help prepare report