Section 2: Resources for 2006-07

2.1 Appropriations and other resources

The total appropriations (including capital appropriations) and other resources for the Australian Competition and Consumer Commission (ACCC) in the 2006-07 Budget is $109.5 million.

Table 2.1 shows the total resources from all origins for 2006-07, including appropriations. The table summarises how resources will be applied by outcome, administered and departmental classification.

Table 2.1: Appropriations and other resources 2006-07

2.2 2006-07 Budget measures

Budget measures relating to the ACCC as explained in Budget Paper No. 2, Budget Measures 2006-07 are summarised in Table 2.2.

Table 2.2 Australian Competition and Consumer Commission measures

1. This is a cross portfolio measure with the Attorney-General’s Portfolio. This table shows the ACCC component of the measure.
2. This is a cross portfolio measure with the Industry, Tourism and Resources Portfolio. This table shows the ACCC component of the measure.

Note: The above amounts show the fiscal balance impact.

Table 2.2 Australian Competition and Consumer Commission measures (continued)

1. This is a cross portfolio measure with the Attorney-General’s Portfolio. This table shows the ACCC component of the measure.
2. This is a cross portfolio measure with the Department of Industry, Tourism and Resources. This table shows the ACCC component of the measure.

Note: The above amounts show the fiscal balance impact.

2.3 Other resources available to be used

Table 2.3 provides details of resources obtained by the ACCC for provision of goods or services as well as resources received free of charge. These resources are approved for use by the ACCC and are included in Table 2.1.

Table 2.3: Other resources available to be used

1. Departmental resources are collected under section 31 of the Financial Management and Accountability Act 1997.
2. This item represents the transfer of $9.0 million, received from undertakings made under section 87B of the Trade Practices Act 1974, from the special account to the departmental account. This is also reflected in Table 2.6.

The ACCC currently levies a variety of fees and charges under the Trade Practices Act 1974 (TPA). Receipts from these fees and charges are identified in Table 2.3. They include goods and services, that is, seminars/speakers fees, sale of publications, photocopy revenue and sale of non-current assets. Further information on cost recovery arrangements is explained in Section 4.

2.4 Movement of administered funds from 2005-06 to 2006-07

Table 2.4: Movement of administered funds from 2005-06 to 2006-07

The ACCC does not have any administered appropriations.

2.5 Special appropriations

Table 2.5: Estimates of expenses from special appropriations

The ACCC does not have any special appropriations.

2.6 Special accounts

Special accounts provide a means to set aside and record amounts used for specified purposes. Table 2.6 shows the expected additions (credits) and reductions (debits) for each account used by the ACCC.

Table 2.6: Estimates of special account flows and balances

1. This item represents the transfer of $9.0 million, received from undertakings made under section 87B of the Trade Practices Act 1974, from the special account to the departmental account. This is also reflected in Table 2.3.

Special Public Monies are held by the ACCC in a Trustee capacity. The Trust monies are a result of court orders of which payments to the beneficiaries are pending. These monies are temporarily held for the benefit of a person or entity other than the Australian Government. This special account is departmental in nature and is governed by section 20 of the Financial Management and Accountability Act 1997.

2.7 Administered capital and departmental equity injections and loans

The ACCC will receive a departmental equity injection of $3.9 million in the 2006-07 Budget. An amount of $3.3 million is for capital costs associated with the Canberra accommodation Budget measure. The balance of $0.6 million is for capital costs associated with the Criminal cartel enforcement – investigations and prosecutions Budget measure and the Downstream Petroleum Reform Package – dispute resolution and enforcement funding Budget measure. The ACCC does not have an appropriation for administered capital or loan in the 2006-07 Budget.