{"id":"F2008L00619","name":"Financial Management and Accountability Determination 2008/01 - Special Accounts Abolition","slug":"financial-management-and-accountability-determination-2008-01-special-accounts-abolition","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":72634,"registerId":"commonwealth-F2008L00619-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Management and Accountability Determination 2008/01 - Special Accounts Abolition","content":"![](image.001.png)\n\nFinancial Management and Accountability Determination 2008/01 – Special Accounts Abolition\n\nI, LINDSAY TANNER, Minister for Finance and Deregulation, make this Determination under subsection 20 (3) of the Financial Management and Accountability Act 1997.\n\nDated 18th February 2008\n\nLindsay Tanner\n\nMinister for Finance and Deregulation\n\n1 Name of Determination\n\nThis Determination is the Financial Management and Accountability – Determination 2008/01 - Special Accounts Abolition.\n\n2 Commencement\n\nThis Determination will commence upon registration on the Federal Register of Legislative Instruments.\n\n3 Abolition of Special Accounts\n\nThe Special Accounts specified in Schedule 1 are abolished.\n\nSchedule 1 Special Accounts to be abolished\n\nAgency Special Account\n\n![](image.002.png)\n\nAustralia-Japan Foundation Other Trust Moneys Account\n\nServices for other Governments and\n\nNon-Agency Bodies Account\n\nAustralian Security Intelligence Organisation Other Trust Moneys Account\n\nServices for other Governments and Non-Agency Bodies Account\n\nClassification Board Other Trust Moneys Account\n\nServices for other Governments and\n\nNon-Agency Bodies Account  \n\nClassification Review Board Other Trust Moneys Account\n\nServices for other Governments and Non-Agency Bodies Account\n\nOffice of Film and Literature Classification Other Trust Moneys Account\n\nServices for other Governments and Non-Agency Bodies Account","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2031},"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The instrument performs exactly as described in its title and preamble—abolishing specific Special Accounts without expanding into other administrative matters or policy changes."},"complexity_factors":["Very short instrument (only 3 operative sections plus schedule)","No defined terms or interpretation section","No conditional logic, exceptions, or cross-references beyond the enabling provision","Simple tabular list format in Schedule 1","Single, clear directive: abolish the listed accounts"],"plain_english_summary":"This instrument **shuts down specific bank accounts** (called \"Special Accounts\") held by five Australian Government agencies.\n\n**What it does:**\n- Abolishes 10 Special Accounts across:\n  - Australia-Japan Foundation\n  - Australian Security Intelligence Organisation (ASIO)\n  - Classification Board\n  - Classification Review Board  \n  - Office of Film and Literature Classification\n\n**Types of accounts being closed:**\n- \"Other Trust Moneys\" accounts (used to hold money held in trust for others)\n- \"Services for other Governments and Non-Agency Bodies\" accounts (used to manage money received from state governments or private bodies for specific services)\n\n**Why it matters:**\nSpecial Accounts are separate pools of money that agencies manage outside their ordinary budgets. Abolishing them typically means either transferring the remaining funds elsewhere or closing dormant accounts that are no longer needed. This is essentially administrative housekeeping to tidy up the government's financial structures."}},"importantCases":[],"_links":{"self":"/api/acts/financial-management-and-accountability-determination-2008-01-special-accounts-abolition","history":"/api/acts/financial-management-and-accountability-determination-2008-01-special-accounts-abolition/history","analysis":"/api/acts/financial-management-and-accountability-determination-2008-01-special-accounts-abolition/analysis","conflicts":"/api/acts/financial-management-and-accountability-determination-2008-01-special-accounts-abolition/conflicts","importantCases":"/api/acts/financial-management-and-accountability-determination-2008-01-special-accounts-abolition/important-cases","documents":"/api/acts/financial-management-and-accountability-determination-2008-01-special-accounts-abolition/documents"}}