sec.7Meaning of administered receipt and controlled receipt

### sec.7 Meaning of administered receipt and controlled receipt An administered receipt is an amount of public moneys received by a department that is not a controlled receipt. A controlled receipt is each of the following amounts of public moneys received by a department— a fee or charge fixed by the accountable officer of the department under this or another Act for goods or services supplied by the department; financial assistance for recurrent expenses granted to the State under section 96 of the Commonwealth Constitution if the grant is subject to conditions the department is responsible for complying with; a bequest, contribution, donation, gift or grant to the department; the proceeds of the disposal of an asset, or the rent under a lease of an asset, if under the prescribed requirements the proceeds must be recorded in the department’s balance sheet; an amount that, under another Act, must be paid into a fund mentioned in this Act if— the accounts for the fund are part of the departmental accounts of the department; and under the prescribed requirements, the amount must be recorded in the department’s balance sheet; an amount paid into the department’s departmental financial institution accounts— under section 51 (2) as interest; or under section 51 (5) as moneys received from an investment; an amount received by the department as reimbursement for the cost of supplying goods or services; an amount received by the department if, under the prescribed requirements, the amount must be recorded in the department’s balance sheet as a liability; an amount paid to the department by the Treasurer— under an annual appropriation Act to be applied to a departmental service or equity adjustment of the department; or under a statement under section 31 to be applied to a departmental service of the department or an equity injection to the department; or under an authority under section 35 for unforeseen expenditure in relation to a departmental service or equity adjustment of the department. A balance sheet of a department may be referred to as a statement of financial position of the department. Subsections (1) and (2) are subject to an annual appropriation Act for a financial year that prescribes an amount of public moneys received by a department for the financial year as— an administered receipt for the year; or a controlled receipt for the year. In this section— recurrent expenses means all expenses, other than expenses for capital works or redeeming loans. rent under a lease includes income under a lease. (sec.7-ssec.1) An administered receipt is an amount of public moneys received by a department that is not a controlled receipt. (sec.7-ssec.2) A controlled receipt is each of the following amounts of public moneys received by a department— a fee or charge fixed by the accountable officer of the department under this or another Act for goods or services supplied by the department; financial assistance for recurrent expenses granted to the State under section 96 of the Commonwealth Constitution if the grant is subject to conditions the department is responsible for complying with; a bequest, contribution, donation, gift or grant to the department; the proceeds of the disposal of an asset, or the rent under a lease of an asset, if under the prescribed requirements the proceeds must be recorded in the department’s balance sheet; an amount that, under another Act, must be paid into a fund mentioned in this Act if— the accounts for the fund are part of the departmental accounts of the department; and under the prescribed requirements, the amount must be recorded in the department’s balance sheet; an amount paid into the department’s departmental financial institution accounts— under section 51 (2) as interest; or under section 51 (5) as moneys received from an investment; an amount received by the department as reimbursement for the cost of supplying goods or services; an amount received by the department if, under the prescribed requirements, the amount must be recorded in the department’s balance sheet as a liability; an amount paid to the department by the Treasurer— under an annual appropriation Act to be applied to a departmental service or equity adjustment of the department; or under a statement under section 31 to be applied to a departmental service of the department or an equity injection to the department; or under an authority under section 35 for unforeseen expenditure in relation to a departmental service or equity adjustment of the department. A balance sheet of a department may be referred to as a statement of financial position of the department. (sec.7-ssec.3) Subsections (1) and (2) are subject to an annual appropriation Act for a financial year that prescribes an amount of public moneys received by a department for the financial year as— an administered receipt for the year; or a controlled receipt for the year. (sec.7-ssec.4) In this section— recurrent expenses means all expenses, other than expenses for capital works or redeeming loans. rent under a lease includes income under a lease. - (a) a fee or charge fixed by the accountable officer of the department under this or another Act for goods or services supplied by the department; - (b) financial assistance for recurrent expenses granted to the State under section 96 of the Commonwealth Constitution if the grant is subject to conditions the department is responsible for complying with; - (c) a bequest, contribution, donation, gift or grant to the department; - (d) the proceeds of the disposal of an asset, or the rent under a lease of an asset, if under the prescribed requirements the proceeds must be recorded in the department’s balance sheet; - (e) an amount that, under another Act, must be paid into a fund mentioned in this Act if— (i) the accounts for the fund are part of the departmental accounts of the department; and (ii) under the prescribed requirements, the amount must be recorded in the department’s balance sheet; - (i) the accounts for the fund are part of the departmental accounts of the department; and - (ii) under the prescribed requirements, the amount must be recorded in the department’s balance sheet; - (f) an amount paid into the department’s departmental financial institution accounts— (i) under section 51 (2) as interest; or (ii) under section 51 (5) as moneys received from an investment; - (i) under section 51 (2) as interest; or - (ii) under section 51 (5) as moneys received from an investment; - (g) an amount received by the department as reimbursement for the cost of supplying goods or services; - (h) an amount received by the department if, under the prescribed requirements, the amount must be recorded in the department’s balance sheet as a liability; - (i) an amount paid to the department by the Treasurer— (i) under an annual appropriation Act to be applied to a departmental service or equity adjustment of the department; or (ii) under a statement under section 31 to be applied to a departmental service of the department or an equity injection to the department; or (iii) under an authority under section 35 for unforeseen expenditure in relation to a departmental service or equity adjustment of the department. - (i) under an annual appropriation Act to be applied to a departmental service or equity adjustment of the department; or - (ii) under a statement under section 31 to be applied to a departmental service of the department or an equity injection to the department; or - (iii) under an authority under section 35 for unforeseen expenditure in relation to a departmental service or equity adjustment of the department. - (i) the accounts for the fund are part of the departmental accounts of the department; and - (ii) under the prescribed requirements, the amount must be recorded in the department’s balance sheet; - (i) under section 51 (2) as interest; or - (ii) under section 51 (5) as moneys received from an investment; - (i) under an annual appropriation Act to be applied to a departmental service or equity adjustment of the department; or - (ii) under a statement under section 31 to be applied to a departmental service of the department or an equity injection to the department; or - (iii) under an authority under section 35 for unforeseen expenditure in relation to a departmental service or equity adjustment of the department. - (a) an administered receipt for the year; or - (b) a controlled receipt for the year.