Corrective Services Regulation 2017
sec.31Financial management and accountability generally
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sec.31 Financial management and accountability generally
The grantee must ensure— appropriate financial delegations are in place; and appropriate internal controls are in place to prevent misuse or misappropriation of funds. The grantee must keep a record of the delegations and controls. The grantee must have accounting and financial record-keeping systems allowing financial assistance given by the chief executive to be accurately identified and accounted for. The grantee must keep the accounting records necessary to comply with this part. (sec.31-ssec.1) The grantee must ensure— appropriate financial delegations are in place; and appropriate internal controls are in place to prevent misuse or misappropriation of funds. (sec.31-ssec.2) The grantee must keep a record of the delegations and controls. (sec.31-ssec.3) The grantee must have accounting and financial record-keeping systems allowing financial assistance given by the chief executive to be accurately identified and accounted for. (sec.31-ssec.4) The grantee must keep the accounting records necessary to comply with this part.
- (a) appropriate financial delegations are in place; and
- (b) appropriate internal controls are in place to prevent misuse or misappropriation of funds.