Appropriation Bill 2005

This explanatory note relates to this Bill as introduced into Parliament.

The following Bills are cognate with this Bill:

• Appropriation (Parliament) Bill 2005
• Appropriation (Special Offices) Bill 2005
• Fiscal Responsibility Bill 2005
• State Revenue Legislation Amendment (Budget Measures) Bill 2005

Overview of Bill

The object of this Bill is to appropriate various sums of money required for the
recurrent services and capital works and services of the Government during the
2005–06 financial year.

The Bill relates to appropriations from the Consolidated Fund—the principal account
of the Government for General Government Budget Dependent transactions. The
Consolidated Fund could be considered as the “public purse” and largely comprises
receipts from, and payments out of, taxes, fines, some regulatory fees,
Commonwealth grants and income from Crown assets.

In addition to allocations from the Consolidated Fund, most General Government
Budget Dependent agencies would have other sources of moneys available to them.

These moneys could arise from user charges, retention of asset sale proceeds,
industry contributions, etc. These are not appropriated by Parliament as they are not
in the nature of taxes or other mandatory levies for which a service is not provided in
return for payment.

The Bill for the 2005–06 year contains an additional appropriation, which allocates
the additional revenue raised in connection with changes to gaming machine taxes to
the Minister for Health for spending on health related services.

Note: If this Bill is not modified, these Explanatory Notes would reflect the Bill as passed in the House. If the Bill has been amended by Committee, these Explanatory Notes may not necessarily reflect the Bill as passed.

 

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