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Charter of Budget Honesty Act 1998
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Department of the Treasury
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C2020C00126 C04
25 March 2020
-
17 March 2021
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Table of contents
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1 Short title
2 Commencement
3 The Charter of Budget Honesty
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Schedule 1—Charter of Budget Honesty
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Part 1—Purpose and overview
1 Purpose of Charter of Budget Honesty
2 Overview of obligations
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Part 2—Interpretation
3 Interpretation
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Part 3—Principles of sound fiscal management
4 Formulation of Government fiscal policy
5 The principles of sound fiscal management
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Part 4—Fiscal strategy statement
6 Public release and tabling of fiscal strategy statements
7 Purpose of fiscal strategy statements
8 Fiscal strategy statement to be based on principles of sound fiscal management
9 Contents of fiscal strategy statement
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Part 5—Annual Government reporting
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Division 1—Budget economic and fiscal outlook report
10 Public release and tabling of budget economic and fiscal outlook reports
11 Purpose of budget economic and fiscal outlook reports
12 Contents of budget economic and fiscal outlook report
13 Commonwealth bodies to provide information to help prepare report
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Division 2—Mid-year economic and fiscal outlook report
14 Public release and tabling of mid-year economic and fiscal outlook reports
15 Purpose of mid-year economic and fiscal outlook reports
16 Contents of mid-year economic and fiscal outlook report
17 Commonwealth bodies to provide information to help prepare report
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Division 3—Final budget outcome report
18 Public release and tabling of final budget outcome reports
19 Contents of final budget outcome report
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Part 6—Intergenerational report
20 Public release and tabling of intergenerational reports
21 Contents of intergenerational report
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Part 7—Pre-election economic and fiscal outlook report
22 Public release of pre-election economic and fiscal outlook report
23 Purpose of pre-election economic and fiscal outlook reports
24 Contents of pre-election economic and fiscal outlook report—economic and fiscal information
25 Contents of pre-election economic and fiscal outlook report—statements by responsible Ministers and responsible Secretaries
26 Division of responsibility between responsible Secretaries
27 Responsible Minister to provide information to help prepare report
28 Commonwealth bodies to provide information to help prepare report
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Part 8—Costing of election commitments
29 Requests for costing of election commitments
30 How policy costings are to be prepared
31 Public release of requests and costings—requests made before polling day
31A Public release of requests and costings—requests made on or after polling day
32 Commonwealth bodies to provide information to help prepare policy costings
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Part 9—Additional statements about Commonwealth stock and securities
33 Additional statements about Commonwealth stock and securities
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Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
