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Commonwealth act
This Act has been repealed and is no longer in force. It is retained for historical reference.
This is a Supply Act — a temporary spending law that allows the Australian Government to keep paying its bills while Parliament has not yet passed the full annual budget (called an "Appropriation Act"). Think of it like a bridging loan for the government: it gives the Finance Minister permission to release money from the national bank account (called the Consolidated Revenue Fund) to keep government departments running.
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Direct links to the current provisions in Supply Act (No. 2) 1996-97.
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View on official registerSourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
Some of the notable services covered include:
This Act contains a clever "self-updating" mechanism. If a new financial management law — the Financial Management and Accountability Act (expected as either a 1996 or 1997 Act) — came into force before 30 June 1997, this Supply Act would automatically modify itself to align with the new framework. Trust accounts under the old Audit Act 1901 would be reclassified to match new fund structures (the Reserved Money Fund or Commercial Activities Fund). This is essentially future-proofing built directly into the legislation.
Without a Supply Act, the government cannot legally spend money — even on essential services — if the main budget hasn't been passed yet. This law ensures continuity of government services during the gap between financial years or budget delays. It is a normal and routine part of the Commonwealth budget cycle.