Document ID: chunk:federal_register_of_legislation:C2017C00269:section:76
Version: federal_register_of_legislation:C2017C00269
Segment Type: section
Provision Reference: s 76
Character Range: 88560–89430

76  Notional payments and receipts by non‑corporate Commonwealth entities
  If:
 (a) either:
 (i) a non‑corporate Commonwealth entity makes a notional payment to another non‑corporate Commonwealth entity; or
 (ii) one part of a non‑corporate Commonwealth entity makes a notional payment to another part of that entity; and
 (b) the transaction would involve the debiting of an appropriation if the notional payment were a real payment;
then:
 (c) the finance law applies in relation to the notional payment as if it were a real payment; and
 (d) the finance law applies in relation to the notional receipt of the notional payment as if it were a real receipt.
Note: This section applies to transactions that do not actually involve payments or receipts, because the parties to the transaction (non‑corporate Commonwealth entities) are merely parts of the Commonwealth.