Budget Reporting Requirements for Integrity Agencies
Government Sector Finance Amendment (Integrity Agencies) Bill 2024
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The Treasurer must give written notice of proposed funding for integrity agencies to the agency head and a parliamentary oversight committee.
The Treasurer must explain any differences between the proposed funding and the original budget proposal.
Parliamentary oversight committees must examine the funding and report their findings within three months.
The Treasurer must respond in writing to these committee reports within three months.
The Treasurer must consider agency independence and urgency before granting contingency funding.
The Treasurer must notify the agency head and the oversight committee of any contingency funding decisions.
The Joint Standing Committee on Electoral Matters now examines and reports on funding for the Electoral Commission.
The Public Accounts Committee now examines and reports on funding for the Auditor-General.
The Treasurer must notify the head of an integrity agency and a parliamentary committee of proposed budget allocations; this must happen within 7 days of the Appropriation Bill being introduced.
The Treasurer must explain any differences between the proposed allocation and the original budget proposal.
Parliamentary oversight committees must examine these allocations and report back to the Treasurer and Parliament within 3 months.
The Treasurer must respond in writing to the committee's report within 3 months.
The Treasurer must use specific criteria to decide on contingency funding applications; these include the agency's independence and whether the funding is urgent.
The Treasurer must notify the agency head and the oversight committee of any contingency funding decisions.
The Joint Standing Committee on Electoral Matters now reports on the Electoral Commission's annual appropriation.
The Public Accounts Committee and the Committee on the ICAC now report on the annual appropriations for the Auditor-General and the Commission.