Supply Bill 2018

Introduction and First Reading

Received from the House of Assembly and read a first time.

Second Reading

The Hon. R.I. LUCAS (Treasurer) (17:00): I move:

That this bill be now read a second time.

I seek leave to have the second reading explanation inserted in Hansard without my reading it.

Leave granted.

A Supply Bill is necessary until the Budget has passed through the parliamentary stages and the Appropriation Bill 2018 receives assent.

In the absence of special arrangements in the form of the Supply Acts, there would be no parliamentary authority for expenditure between the commencement of the new financial year and the date on which assent is given to the main Appropriation Bill.

The amount being sought under this Bill is $6 631 million.

This amount is based on the actual appropriations that were required for the first five months of the 2017-18 financial year plus an additional amount of $200 million due to the change in the frequency of the past service superannuation liability payment from a single annual lump sum to monthly instalments.

Clause 1 is formal.

Clause 2 provides relevant definitions.

Clause 3 provides for the appropriation of up to $6 631 million.

Debate adjourned on motion of Hon. J.E. Hanson.

At 17:01 the council adjourned until Thursday 31 May 2018 at 14:15.