Australian Capital Territory Numbered Acts

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FINANCIAL MANAGEMENT ACT 1996 (NO. 22 OF 1996) - SECT 11

Territory budgets

11. A proposed budget for the Territory for a financial year that is laid before the Legislative Assembly pursuant to paragraph 10 (a) shall include—

        (a)     an estimated operating statement for the Territory for the year;

        (b)     a statement of the assets and liabilities of the Territory at the commencement of the year or, if the proposed budget is laid before the Legislative Assembly before the commencement of the year, a statement of the assets and liabilities that the Territory is expected to have at the commencement of the year;

        (c)     a statement of the assets and liabilities that it is planned that the Territory will have at the end of the year; and

        (d)     a statement of the estimated cash flows of the Territory for the year.



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