VICIn ForceAct
Financial Management Act 1994
23EFinancial policy objectives and strategies statement
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23E Financial policy objectives and strategies statement
(1) The Minister must prepare two financial policy objectives and strategies statements for each financial year.
(2) The first financial policy objectives and strategies statement for a financial year must be—
(a) prepared in association with the budget for that financial year;
(b) laid before each House of the Parliament in accordance with section 27E.
(3) The second financial policy objectives and strategies statement for a financial year must be—
(a) prepared in association with the budget update for that financial year;
S. 23E(3)(b) substituted by No. 43/2004 s. 5.
(b) transmitted to the Parliament in accordance with section 27D.
S. 23E(4) inserted by No. 30/2025 s. 8.
(4) Despite subsections (1) and (3), the Minister is not required to prepare a financial policy objectives and strategies statement referred to in subsection (3) for a financial year if a pre-election budget update prepared in accordance with Division 6 is released on or after 15 September and before 15 December in that financial year.
S. 23F inserted by No. 9/2000 s. 4.