Document ID: chunk:federal_register_of_legislation:F2022C01123:reg:27:p9
Version: federal_register_of_legislation:F2022C01123
Segment Type: reg
Provision Reference: reg 27 (pt 9/15)
Character Range: 62767–66039

the amount of formal reduction or exclude the amount of formal addition in their appropriation disclosure note as a legally available appropriation.
   (4) For the purposes of this section, 'Government approved legal instrument' means any of the following:
       (a) an Advance to the Finance Minister under an annual Appropriation Act;
       (b) an Advance to the responsible Presiding Officer under an annual Appropriation Act;
       (c) a determination under section 75 of the PGPA Act.

  Division 4 -  Administered appropriations

Guide to this Division

The purpose of this Division is to outline the required recognition and reporting for administered appropriations.

Administered appropriations are for items over which the entity does not have control and is managing on behalf of the Commonwealth.  These administered expenses are generally controlled by legislation or government policy and include items such as grants, subsidies and personal benefits (e.g., pension and other welfare payments).

  41 Administered appropriations
  (1) Reporting entities must recognise in their administered reconciliation schedule all administered appropriations (including administered special appropriations) for which they are the responsible entity.
  (2) The earliest point of recognition for accounting purposes is:
       (a) the date the amounts are drawn down to the entity's bank account for payment against the appropriation for:
           (i) administered annual appropriations; and
           (ii) administered special appropriations; and
       (b) the date stated in the determination (if not stated, then the date of the determination) for other administered amounts determined by:
           (i) the Finance Minister (or delegate);  or
           (ii) the reporting entity's Minister.
  (3) Administered appropriations are not to be recognised as revenue in the administered schedule of comprehensive income.
  42 Payments to corporate Commonwealth entities

Guide to this section

The purpose of this section is to set out the reporting and disclosure requirements for appropriations where they are received by non-corporate Commonwealth entities on behalf of, and to be paid to, corporate Commonwealth entities.

Generally, corporate Commonwealth entities are not able to directly access the Consolidated Revenue Fund (CRF) and any appropriations are paid to the non-corporate Commonwealth entity (i.e., portfolio department) of the corporate Commonwealth entity and then paid across to the corporate Commonwealth entity.

As the receiving non-corporate Commonwealth entity has no control over the appropriation it receives on behalf of the corporate Commonwealth entity, the appropriation is classified as an administered appropriation and reported as such.

  (1) An amount appropriated to a non-corporate Commonwealth entity for payment to a corporate Commonwealth entity (either through annual or special appropriations) is an administered appropriation to the non-corporate Commonwealth entity and is recognised and disclosed accordingly.
  (2) Payments from a non-corporate Commonwealth entity to a corporate Commonwealth entity in the nature of:
       (a) equity injections are an increase to the carrying amount of the administered investment