{"id":"sl-2005-42","name":"Financial Management Regulation 2005","slug":"financial-management-regulation-2005","collection":"regulation","jurisdiction":"act","status":"in_force","isInForce":true,"actNumber":"42 of 2005","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":173369,"registerId":"act-sl-2005-42-current","compilationNumber":null,"startDate":"2026-04-05","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Financial Management Regulation 2005","content":"Authorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au\nAustralian Capital Territory\nFinancial Management Regulation 2005\nSL2005-42\nmade under the\nFinancial Management Act 1996\nRepublication No 7\nEffective: 3 April 2020\nRepublication date: 3 April 2020\nLast amendment made by SL2020-11\n\nAuthorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au\nAbout this republication\nThe republished law\nThis is a republication of the Financial Management Regulation 2005, made under the Financial\nManagement Act 1996 (including any amendment made under the Legislation Act 2001, part 11.3\n(Editorial changes)) as in force on 3 April 2020. It also includes any commencement,\namendment, repeal or expiry affecting this republished law to 3 April 2020.\nThe legislation history and amendment history of the republished law are set out in endnotes 3\nand 4.\nKinds of republications\nThe Parliamentary Counsel’s Office prepares 2 kinds of republications of ACT laws (see the ACT\nlegislation register at www.legislation.act.gov.au):\n• authorised republications to which the Legislation Act 2001 applies\n• unauthorised republications.\nThe status of this republication appears on the bottom of each page.\nEditorial changes\nThe Legislation Act 2001, part 11.3 authorises the Parliamentary Counsel to make editorial\namendments and other changes of a formal nature when preparing a law for republication.\nEditorial changes do not change the effect of the law, but have effect as if they had been made by\nan Act commencing on the republication date (see Legislation Act 2001, s 115 and s 117). The\nchanges are made if the Parliamentary Counsel considers they are desirable to bring the law into\nline, or more closely into line, with current legislative drafting practice.\nThis republication does not include amendments made under part 11.3 (see endnote 1).\nUncommenced provisions and amendments\nIf a provision of the republished law has not commenced, the symbol U appears immediately\nbefore the provision heading. Any uncommenced amendments that affect this republished law\nare accessible on the ACT legislation register (www.legislation.act.gov.au). For more\ninformation, see the home page for this law on the register.\nModifications\nIf a provision of the republished law is affected by a current modification, the\nsymbol M appears immediately before the provision heading. The text of the modifying\nprovision appears in the endnotes. For the legal status of modifications, see the Legislation\nAct 2001, section 95.\nPenalties\nAt the republication date, the value of a penalty unit for an offence against this law is $160 for an\nindividual and $810 for a corporation (see Legislation Act 2001, s 133).\n\nR7\n03/04/20\nFinancial Management Regulation 2005\nEffective: 03/04/20\ncontents 1\nAuthorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au\nAustralian Capital Territory\nFinancial Management Regulation 2005\nmade under the\nFinancial Management Act 1996\nContents\nPage\n1 Name of regulation 2\n4 Territory authorities to which div 9.6 applies—Act, s 105 2\n5 Territory authorities to which div 9.7 applies—Act, s 120 2\nEndnotes\n1 About the endnotes 3\n2 Abbreviation key 3\n3 Legislation history 4\n4 Amendment history 5\n5 Earlier republications 6\n\n\n\nR7\n03/04/20\nFinancial Management Regulation 2005\nEffective: 03/04/20\npage 1\nAuthorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au\nAustralian Capital Territory\nFinancial Management Regulation 2005\nmade under the\nFinancial Management Act 1996\n\nSection 1\npage 2 Financial Management Regulation 2005\nEffective: 03/04/20\nR7\n03/04/20\nAuthorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au\n1 Name of regulation\nThis regulation is the Financial Management Regulation 2005.\n4 Territory authorities to which div 9.6 applies—Act, s 105\nDivision 9.6 applies to the following territory authorities:\n• ACT Health Promotion Authority\n• ACTION Authority\n• Australian Capital Tourism Corporation\n• Emergency Services Authority\n• Exhibition Park Corporation\n• Land Development Agency\n• Stadiums Authority.\n5 Territory authorities to which div 9.7 applies—Act, s 120\nDivision 9.7 applies to the following territory authorities:\n• ACT Health Promotion Authority\n• ACTION Authority\n• Australian Capital Tourism Corporation\n• CTP regulator\n• Emergency Services Authority\n• Exhibition Park Corporation\n• Land Development Agency\n• Stadiums Authority.\n\nEndnotes\nAbout the endnotes 1\nR7\n03/04/20\nFinancial Management Regulation 2005\nEffective: 03/04/20\npage 3\nAuthorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au\nEndnotes\n1 About the endnotes\nAmending and modifying laws are annotated in the legislation history and the\namendment history. Current modifications are not included in the republished law\nbut are set out in the endnotes.\nNot all editorial amendments made under the Legislation Act 2001, part 11.3 are\nannotated in the amendment history. Full details of any amendments can be\nobtained from the Parliamentary Counsel’s Office.\nUncommenced amending laws are not included in the republished law. The details\nof these laws are underlined in the legislation history. Uncommenced expiries are\nunderlined in the legislation history and amendment history.\nIf all the provisions of the law have been renumbered, a table of renumbered\nprovisions gives details of previous and current numbering.\nThe endnotes also include a table of earlier republications.\n2 Abbreviation key\nA = Act NI = Notifiable instrument\nAF = Approved form o = order\nam = amended om = omitted/repealed\namdt = amendment ord = ordinance\nAR = Assembly resolution orig = original\nch = chapter par = paragraph/subparagraph\nCN = Commencement notice pres = present\ndef = definition prev = previous\nDI = Disallowable instrument (prev...) = previously\ndict = dictionary pt = part\ndisallowed = disallowed by the Legislative r = rule/subrule\nAssembly reloc = relocated\ndiv = division renum = renumbered\nexp = expires/expired R[X] = Republication No\nGaz = gazette RI = reissue\nhdg = heading s = section/subsection\nIA = Interpretation Act 1967 sch = schedule\nins = inserted/added sdiv = subdivision\nLA = Legislation Act 2001 SL = Subordinate law\nLR = legislation register sub = substituted\nLRA = Legislation (Republication) Act 1996 underlining = whole or part not commenced\nmod = modified/modification or to be expired\n\nEndnotes\n3 Legislation history\npage 4 Financial Management Regulation 2005\nEffective: 03/04/20\nR7\n03/04/20\nAuthorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au\n3 Legislation history\nFinancial Management Regulation 2005 SL2005-42\nnotified LR 21 December 2005\ns 1, s 2 commenced 21 December 2005 (LA s 75 (1))\nremainder commenced 1 January 2006 (s 2)\nas amended by\nAdministrative (Miscellaneous Amendments) Act 2006 A2006-30\nsch 1 pt 1.4\nnotified LR 16 June 2006\ns 1, s 2 commenced 16 June 2006 (LA s 75 (1))\namdt 1.58, amdt 1.59 commenced 19 June 2006 (s 2 (2))\nsch 1 pt 1.4 remainder commenced 1 July 2006 (s 2 (1))\nExhibition Park Corporation Repeal Act 2014 A2014-54 sch 1 pt 1.2\nnotified LR 3 December 2014\ns 1, s 2 commenced 3 December 2014 (LA s 75 (1))\ns 4, sch 1 pt 1.2 remainder commenced 4 December 2014 (s 2 (1))\nCity Renewal Authority and Suburban Land Agency Act 2017\nA2017-12 sch 1 pt 1.2\nnotified LR 18 May 2017\ns 1, s 2 commenced 18 May 2017 (LA s 75 (1))\nsch 1 pt 1.2 commenced 30 June 2017 (s 2 and CN2017-3)\nMotor Accident Injuries (Premiums and Administration) Amendment\nRegulation 2020 (No 1) SL2020-11 sch 1 pt 1.1\nnotified LR 2 April 2020\ns 1, s 2 commenced 2 April 2020 (LA s 75 (1))\nsch 1 pt 1.1 commenced 3 April 2020 (s 2 (1))\n\nEndnotes\nAmendment history 4\nR7\n03/04/20\nFinancial Management Regulation 2005\nEffective: 03/04/20\npage 5\nAuthorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au\n4 Amendment history\nCommencement\ns 2 om LA s 89 (4)\nModification of Act, pt 19—Act, s 155\ns 3 sub A2006-30 amdt 1.57\nexp 27 October 2007 (s 3 (2))\nTerritory authorities to which div 9.6 applies—Act, s 105\ns 4 sub A2006-30 amdt 1.58\nam A2014-54 amdt 1.2; A2017-12 amdt 1.2\nTerritory authorities to which div 9.7 applies—Act, s 120\ns 5 ins A2006-30 amdt 1.59\nam A2014-54 amdt 1.3; A2017-12 amdt 1.2; SL2020-11 amdt\n1.1\nModification of Act, pt 19 (Transitional—Financial Management Legislation\nAmendment Act 2005)\nsch 1 hdg sub A2006-30 amdt 1.60\nsch 1 am A2006-30 amdt 1.61, amdt 1.62\nexp 27 October 2007 (s 3 (2))\n\nEndnotes\n5 Earlier republications\npage 6 Financial Management Regulation 2005\nEffective: 03/04/20\nR7\n03/04/20\nAuthorised by the ACT Parliamentary Counsel—also accessible at www.legislation.act.gov.au\n5 Earlier republications\nSome earlier republications were not numbered. The number in column 1 refers to\nthe publication order.\nSince 12 September 2001 every authorised republication has been published in\nelectronic pdf format on the ACT legislation register. A selection of authorised\nrepublications have also been published in printed format. These republications are\nmarked with an asterisk (*) in column 1. Electronic and printed versions of an\nauthorised republication are identical.\nRepublication\nNo and date\nEffective Last\namendment\nmade by\nRepublication\nfor\nR1\n1 Jan 2006\n1 Jan 2006–\n18 June 2006\nnot amended new regulation\nR2\n19 June 2006\n19 June 2006–\n30 June 2006\nA2006-30 amendments by\nA2006-30\nR3\n1 July 2006\n1 July 2006–\n27 Oct 2007\nA2006-30 amendments by\nA2006-30\nR4\n28 Oct 2007\n28 Oct 2007-\n3 Dec 2014\nA2006-30 commenced expiry\nR5\n4 Dec 2014\n4 Dec 2014-\n29 June 2017\nA2014-54 amendments by\nA2014-54\nR6\n30 June 2017\n30 June 2017–\n2 Apr 2020\nA2017-12 amendments by\nA2017-12\n© Australian Capital Territory 2020","sortOrder":0}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"},"issue_detection":{"absurdities":[],"contradictions":[]},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":true,"description":"The regulation’s coverage has been altered over time by amending which territory authorities are listed (see sections 4 and 5). The endnotes and amendment history record changes made by instruments including A2006-30, A2014-54, A2017-12 and SL2020-11, so the set of authorities subject to divisions 9.6 and 9.7 has been updated since the original regulation."},"complexity_factors":["Very short instrument: only a name and two operative clauses (sections 4 and 5).","Direct cross-references to the Financial Management Act 1996 (divisions 9.6 and 9.7) — substantive effect depends on reading the Act.","Lists specific entities rather than creating new regulatory rules, reducing interpretive complexity but requiring up-to-date entity names.","Amendment and republication history in endnotes requires checking multiple amending instruments to trace historical changes.","Potential for implementation questions where an entity’s status changes (creation, repeal, renaming) — requires cross-checking amendment history and commencement notes."],"plain_english_summary":"This regulation names which ACT territory authorities are covered by division 9.6 and division 9.7 of the Financial Management Act 1996. Mechanically, it amends the Act’s coverage by listing the specific statutory bodies that must follow the financial rules in those divisions. It affects the named authorities (for example, ACT Health Promotion Authority, ACTION Authority, Land Development Agency and others) by placing them inside the referenced divisions so the Act’s procedures and obligations in those divisions apply to them."},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The regulation maintains its original narrow purpose of designating specific territory authorities to which particular divisions of the Financial Management Act apply. While the lists of authorities have been updated over time (removing Exhibition Park Corporation, replacing Land Development Agency with City Renewal Authority/Suburban Land Agency equivalents, and adding the CTP regulator), the fundamental scope remains unchanged."},"complexity_factors":["Extremely short substantive content (only 2 operative sections)","No defined terms in the body of the regulation","Simple list-based structure with no conditional logic","No cross-references within the regulation itself (only references to external Act divisions)","Straightforward amendment history with no nested exceptions"],"plain_english_summary":"Names specific ACT government agencies — including ACT Health Promotion Authority, ACTION Authority, Emergency Services Authority, Land Development Agency and others — that must follow particular financial oversight provisions of the Financial Management Act 1996 (Divisions 9.6 and 9.7). \n\nIt ensures those bodies are subject to tailored financial controls and reporting, and lets the government update the list more easily than changing primary legislation."}},"importantCases":[],"_links":{"self":"/api/acts/financial-management-regulation-2005","history":"/api/acts/financial-management-regulation-2005/history","analysis":"/api/acts/financial-management-regulation-2005/analysis","conflicts":"/api/acts/financial-management-regulation-2005/conflicts","importantCases":"/api/acts/financial-management-regulation-2005/important-cases","documents":"/api/acts/financial-management-regulation-2005/documents"}}