VICIn ForceAct
Financial Management Act 1994
35Temporary advances
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35 Temporary advances
(1) There may be issued temporarily out of the Public Account in a financial year any money (not exceeding in total 0⋅5% of the total amount appropriated by the annual appropriation Act for that year) required to be provided for advances to the Minister to enable him or her to meet urgent claims before Parliamentary sanction is obtained.
(2) All money issued under subsection (1) must be paid back into the Public Account immediately Parliamentary sanction is obtained.
(3) All expenses and obligations met from money issued under subsection (1) must be included in the expenses and obligations of the financial year in respect of which the advances were made.
S. 35(4) amended by No. 9/2000 s. 5(1)(a).
(4) If—
(a) Parliamentary sanction has not been obtained for the expenses or obligations during the financial year in which an advance under this section was made; and
(b) the Minister considers it necessary or expedient to carry forward any part of the unused advance to the accounts of the next financial year—
the Minister may do so.
S. 36 substituted by No. 1/1998