Document ID: chunk:federal_register_of_legislation:C2004A00414:clause:1_22
Version: federal_register_of_legislation:C2004A00414
Segment Type: clause
Provision Reference: sch 1 cl 22
Character Range: 13400–13971

22  Subsections 27(2) and (3)
Repeal the subsections, substitute:

 (2) If a law requires the payment of an amount of public money and there is an available appropriation for that payment:
 (a) the Finance Minister must issue sufficient drawing rights to allow the amount to be paid in full; and
 (b) the recipient of any of those drawing rights must exercise the rights in full.

 (3) If a law permits the payment of an amount of public money, but does not require the payment of that amount, there is no obligation to issue or exercise drawing rights for that amount.