System of Accounting Receipts and Disbursement of Moneys Regulations


11/Nov/1998 - Current (at 31 Dec 2005)
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    29. Revenue receipts and working expenses

    (a) The Revenue Receipts of any Trading Concern for any financial year may be used for the Working Expenses of the said financial year, but shall not be used for Capital Expenditure.

    (b) The Minister controlling the Trading Concern shall, when he ascertains that the Receipts for any financial year are insufficient to meet the Working Expenses for that year, apply on Form 7, through the Under Treasurer to the Treasurer, for a temporary Overdraft on the Banking Account of the Trading Concern in the Treasury.

    (c) The Treasurer, if he approves of such Overdraft, shall state the rate of Interest to be charged to the Trading Concern, such Interest to be calculated on the daily debit Balance appearing in the Banking Account of such Trading Concern in the Treasury Books.

    (d) The Minister controlling each Trading Concern shall, when necessary, make application on Form 6 through the Under Treasurer, for the amount required to meet the Capital Expenses of each Trading Concern.

Perth . . . . . . . . . . . . . . . 192 .

STATE TRADING CONCERNS
Application for Overdraft
To the Under Treasurer.
I hereby make application to the Treasurer for approval to temporarily overdraw the Banking Account at the Treasury of the State . . . . . . . . . . . . . . . Trading Concern.
Particulars relating to the proposed overdraft are given hereunder:
Amount of Overdraft required . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Period for which required . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Reasons for Overdraft and nature of Expenditure to be
incurred. . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . .
Minister.
_______________
The Hon. the Treasurer.
I recommend the Overdraft for your approval.
. . . . . . . . . . . . . . . . . . . . . . . . .
Under Treasurer.
    Date . . . . . . . . . . . . . . .
    _______________

    I hereby approve of the Overdraft applied for, Interest at . . . . . . . . per cent. per annum to be charged thereon.
. . . . . . . . . . . . . . . . . . .
Treasurer.
    Date . . . . . . . . . . . . . . .

    [Regulation 29 inserted in Gazette 13 February 1920 p.11; amended in Gazette 23 April 1920 p.729; amended by No. 8 of 1925 s.2.]


    Welfare Committees


Note: This is not an authorised version. The only authorised version is the hardcopy (printed) version published under authority of the Government Printer, available from the State Law Publisher, 10 William St Perth W.A. 6000.