48APreparation of annual budgets by the Minister for Finance

48A Preparation of annual budgets by the Minister for Finance

(1) The Minister for Finance must prepare annual budgets in relation to: (a) the Administration; and (b) each Territory authority. (2) Annual budgets must be prepared in accordance with: (a) the regulations; and (b) the Commonwealth Finance Minister’s Orders. (3) Annual budgets must be prepared within the period ascertained in accordance with: (a) the regulations; or (b) if no regulations are in force for the purposes of paragraph (a)—the Commonwealth Finance Minister’s Orders. (4) The Minister for Finance must cause a copy of each annual budget to be tabled in the Legislative Assembly as soon as practicable after it is prepared. (5) The Minister for Finance must give a copy of each annual budget to the Administrator as soon as practicable after it is prepared. (6) As soon as practicable after receiving a copy of an annual budget, the Administrator must send a copy of the annual budget to the responsible Commonwealth Minister.