Public Governance, Performance and Accountability (Financial Reporting) Rule 2015
36Withholding and quarantining of appropriations
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36 Withholding and quarantining of appropriations
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The purpose of this section is to set out the requirements around control and recognition of appropriations withheld or quarantined.
Under section 51 of the PGPA Act, the Finance Minister has the ability and power to withhold available appropriations to Commonwealth entities.
(1) Amounts withheld under section 51 of the PGPA Act represent a loss of control event by the entity (as outlined in subsection 40(2) of this rule) and should be adjusted against the appropriation receivable balance. (2) Amounts quarantined by the Department of Finance are administrative in nature and do not result in the loss of control of the appropriation by the entity. Consequently, there is no impact on recognition or disclosure of the appropriation for financial reporting purposes.