{"id":"F2008L02085","name":"Financial Management and Accountability Determination 2008/16 - Special Accounts Abolition","slug":"financial-management-and-accountability-determination-2008-16-special-accounts-abolition","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":74301,"registerId":"commonwealth-F2008L02085-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Management and Accountability Determination 2008/16 - Special Accounts Abolition","content":"![](image.001.png)\n\nFinancial Management and Accountability Determination 2008/16 – 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 3rd June 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 2008/16 – Special Accounts Abolition.\n\n2 Commencement\n\nThis Determination commences on the day on which it is registered on the Federal Register of Legislative Instruments.\n\n3 Abolition of Special Accounts\n\nEach of the Special Accounts specified in Schedule 1 is abolished from the time at which the balance of that Special Account reaches zero.\n\nSchedule 1 Special Accounts to be abolished\n\nAgency Special Account\n\n![](image.002.png)\n\nDepartment of the Prime Minister and Cabinet Other Trust Moneys Account\n\nServices for other Governments and\n\nNon-Agency Bodies Account\n\nDepartment of Education, Employment and Workplace Other Trust Moneys Account\n\nRelations (formerly Department of Education, Science Services for other Governments and and Training) Non-Agency Bodies Account\n\nDepartment of Education, Employment and Workplace Other Trust Moneys Account\n\nRelations (formerly Department of Employment and Services for other Governments and Workplace Relations) Non-Agency Bodies Account","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2122},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The determination maintains its original narrow scope of abolishing specific Special Accounts upon their balances reaching zero, exactly as described in the title and enabling provision."},"complexity_factors":["Only 2 substantive operative sections (commencement and abolition)","No defined terms or interpretation section","Simple single-condition trigger (balance reaches zero)","Limited scope affecting only 6 specifically named accounts across 3 departmental contexts","No cross-references, exceptions, or conditional logic beyond the zero-balance trigger"],"plain_english_summary":"This determination cleans up the government's books by closing several **Special Accounts** (separate money pots within the government's main bank account used for specific purposes like holding trust funds or payments for services to other governments).\n\n**What it does:**\n- Abolishes six specific accounts held by the Department of the Prime Minister and Cabinet and the Department of Education, Employment and Workplace Relations (including accounts originally held by its predecessor departments).\n- The accounts close automatically once their balance hits zero — so they shut down only when completely empty.\n\n**Who it affects:**\n- Finance teams in these government departments who manage the accounts.\n- Any state governments, foreign governments, or non-agency bodies that had funds deposited in these specific accounts.\n\n**Why it matters:**\nThis is administrative housekeeping that simplifies the Commonwealth's financial structure by removing redundant account mechanisms, reducing red tape in government financial management."}},"importantCases":[],"_links":{"self":"/api/acts/financial-management-and-accountability-determination-2008-16-special-accounts-abolition","history":"/api/acts/financial-management-and-accountability-determination-2008-16-special-accounts-abolition/history","analysis":"/api/acts/financial-management-and-accountability-determination-2008-16-special-accounts-abolition/analysis","conflicts":"/api/acts/financial-management-and-accountability-determination-2008-16-special-accounts-abolition/conflicts","importantCases":"/api/acts/financial-management-and-accountability-determination-2008-16-special-accounts-abolition/important-cases","documents":"/api/acts/financial-management-and-accountability-determination-2008-16-special-accounts-abolition/documents"}}