QLDIn ForceAct
Financial Accountability Act 2009
sec.81Moneys to be kept at financial institutions
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### sec.81 Moneys to be kept at financial institutions
All public moneys and non-public moneys must be kept at a financial institution.
Subsection (1) does not apply to—
investments made under part 3 , division 6 or part 5 , division 6 ; or
securities taken in relation to a loan or financial arrangement; or
public moneys or non-public moneys that a department, under a Treasurer’s approval, holds or transacts in a currency denomination other than Australian dollars.
This section is subject to a contrary intention in this or another Act.
(sec.81-ssec.1) All public moneys and non-public moneys must be kept at a financial institution.
(sec.81-ssec.2) Subsection (1) does not apply to— investments made under part 3 , division 6 or part 5 , division 6 ; or securities taken in relation to a loan or financial arrangement; or public moneys or non-public moneys that a department, under a Treasurer’s approval, holds or transacts in a currency denomination other than Australian dollars.
(sec.81-ssec.3) This section is subject to a contrary intention in this or another Act.
- (a) investments made under part 3 , division 6 or part 5 , division 6 ; or
- (b) securities taken in relation to a loan or financial arrangement; or
- (c) public moneys or non-public moneys that a department, under a Treasurer’s approval, holds or transacts in a currency denomination other than Australian dollars.