Public Governance, Performance and Accountability (Financial Reporting) Rule 2015
41Administered appropriations
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41 Administered appropriations
(1) Reporting entities must recognise in their administered reconciliation schedule all administered appropriations (including administered special appropriations) for which they are the responsible entity. (2) The earliest point of recognition for accounting purposes is: (a) the date the amounts are drawn down to the entity’s bank account for payment against the appropriation for: (i) administered annual appropriations; and (ii) administered special appropriations; and (b) the date stated in the determination (if not stated, then the date of the determination) for other administered amounts determined by: (i) the Finance Minister (or delegate); or (ii) the reporting entity’s Minister. (3) Administered appropriations are not to be recognised as revenue in the administered schedule of comprehensive income.