QLDIn ForceAct
Financial Accountability Act 2009
sec.69ASpecial purpose accounts
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### sec.69A Special purpose accounts
This section applies in relation to the accountable officer of a department that is responsible for administering an Act that—
establishes a fund; and
requires accounts for the fund to be kept as special purpose accounts of the department.
The accountable officer must establish the accounts (the special purpose accounts ) necessary—
to account for contributions made to the fund, moneys paid from the fund and other transactions made in relation to the fund; and
to produce the financial statements and information mentioned in section 69 (1) (b) , to the extent the statements or information must include matters in relation to the fund.
To remove any doubt, it is declared that special purpose accounts are not, and do not form part of, departmental accounts.
s 69A ins 2020 No. 29 s 19
(sec.69A-ssec.1) This section applies in relation to the accountable officer of a department that is responsible for administering an Act that— establishes a fund; and requires accounts for the fund to be kept as special purpose accounts of the department.
(sec.69A-ssec.2) The accountable officer must establish the accounts (the special purpose accounts ) necessary— to account for contributions made to the fund, moneys paid from the fund and other transactions made in relation to the fund; and to produce the financial statements and information mentioned in section 69 (1) (b) , to the extent the statements or information must include matters in relation to the fund.
(sec.69A-ssec.3) To remove any doubt, it is declared that special purpose accounts are not, and do not form part of, departmental accounts.
- (a) establishes a fund; and
- (b) requires accounts for the fund to be kept as special purpose accounts of the department.
- (a) to account for contributions made to the fund, moneys paid from the fund and other transactions made in relation to the fund; and
- (b) to produce the financial statements and information mentioned in section 69 (1) (b) , to the extent the statements or information must include matters in relation to the fund.