Finance, 1970-71: The Treasurer's statement of the receipts and payments of the Consolidated Fund and the Trust Fund for the year ended 30th June 1971

Tabled: 2 December 1971

Overview

The arrangement of this Report follows closely that of previous years. A general review of the main features of the State finances is given in Part 2 and in Parts 3 and 4 the receipts and payments of the Consolidated Fund and the Trust Fund are discussed in some detail. Comments on various departments, branches and authorities appear in Part 5, and in Part 6 the Report provides information on matters which the Auditor-General is required to report to Parliament under specific provisions of the Audit Act or which otherwise warrant inclusion. Supporting statements and appendices complete the Report. As required by Section 46 of the Audit Act, the Treasurer has included and distinguished in his Statement of the expenditure of the Consolidated Fund for the year such amounts as had been expended but in respect of which no appropriation had been made on or before 30 June 1971. The relevant figures herein are submitted on the basis that these amounts receive Parliamentary approval by the passing of the Supplementary Estimates for the year. The Treasurer's Statement and the related subsidiary statements have been checked by the Auditor General and are in agreement with the accounts of the Treasurer.

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