Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Parliamentary Budget Officer may, with the agreement of the responsible Secretaries, issue written principles setting out approaches and costing conventions to be used in preparing policy costings under this Division.
(2) If no principles are in effect under subsection ( 1), the Parliamentary Budget Officer must prepare policy costings under this Division using approaches and costing conventions recommended in the most recent guidelines issued under subclause 30(1) of Schedule 1 to the Charter of Budget Honesty Act 1998 .
(3) The Parliamentary Budget Officer must ensure that principles issued under subsection ( 1) are made publicly available.
(4) Principles issued under subsection ( 1) are not legislative instruments.