Financial Management and Accountability Act 1997 - Determination to Establish Component of the Reserved Money Fund (Australian Archives Projects and Sponsored Activities Reserve) (07/04/1998)
1Financial Management and Accountability Act 1997 - Determination to Establish Component of the Reserved Money Fund (Australian Archives Projects and Sponsored Activities Reserve) (07/04/1998)
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SECTION 20 OF THE FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
DETERMINATION TO ESTABLISH COMPONENT OF THE RESERVED MONEY FUND
I, Graham Millar, Branch Manager, Financial Framework, pursuant to powers delegated to me by the Finance Chief Executive under section 53 of the Financial Management and Accountability Act 1997, determine, for the purposes of section 20 of that Act, that the Department of Communications and the Arts -Australian Archives Projects and Sponsored Activities Reserve is established as a component of the Reserved Money Fund.
I further determine that:
(a) amounts of the following kinds may be transferred from the Consolidated Revenue Fund to this component:
- money that is held in trust for, or otherwise for the benefit of, a person other than the Commonwealth;
- all money paid to the Commonwealth by any person for the expenditure purposes of the component; and,
(b) the purposes for which amounts may be debited to the component are:
- for expenditure on projects which are supported by sponsorships or donations.
Graham Millar
Delegate of the Finance Chief Executive
7/4/98