16BRollover of undisbursed appropriation

16B Rollover of undisbursed appropriation (1) This section applies to an amount of appropriation if, at the end of the financial year in which the appropriation is made, the amount is not disbursed to the territory entity to which it is appropriated. (2) The Treasurer may, in writing, authorise the amount to be disbursed in the following financial year to— (a) the territory entity; or (b) if responsibility for a service or function for which the appropriation is made is transferred from the territory entity to another territory entity—the other territory entity. (3) The Treasurer may give the authorisation in the financial year in which the appropriation is made, or in the following financial year. (4) The authorisation must identify— (a) the territory entity to which the amount is to be disbursed; and (b) the appropriation type; and (c) the amount authorised to be disbursed; and (d) the purpose for which the amount may be disbursed. (5) If the Treasurer authorises an amount to be disbursed under this section— (a) the amount is taken to be an amount of appropriation for the financial year in which the amount is authorised to be disbursed; and

(b) the amount is in addition to the appropriation to the territory entity for that financial year. (6) If the Treasurer authorises an amount to be disbursed under this section, the Treasurer must attach a copy of the authorisation to the next financial statement presented to the Legislative Assembly.