sec.83Departmental banking arrangements

### sec.83 Departmental banking arrangements Each accountable officer must establish the accounts necessary for the operations of the officer’s department (the departmental financial institution accounts ) and conduct the department’s banking arrangements— for overseas operations—with the banking institution approved by the Treasurer; and otherwise—with the financial institutions approved by the Treasurer. Each accountable officer must pay all public moneys and non-public moneys received by the accountable officer to the credit of a departmental financial institution account of the officer’s department. Each accountable officer must, for the period and at the time decided by the Treasurer, pay to the Treasurer the amount of the administered receipts received by the department during the period. Subsection (1) does not apply to the extent the accounts are necessary under section 83A (2) . Subsections (2) and (3) do not apply in relation to contributions made under an Act to a special purpose account. Also, subsection (3) does not apply to an amount received from the Treasurer or an administered receipt received for another department. An amount of public moneys may be paid from a departmental financial institution account only under subsection (3) or the prescribed requirements. An amount of non-public moneys may be paid from a departmental financial institution account only— under the prescribed requirements; or under an agreement, arrangement, contract, court order, law or transaction under which the non-public moneys are received or become payable. s 83 amd 2020 No. 29 s 20 (sec.83-ssec.1) Each accountable officer must establish the accounts necessary for the operations of the officer’s department (the departmental financial institution accounts ) and conduct the department’s banking arrangements— for overseas operations—with the banking institution approved by the Treasurer; and otherwise—with the financial institutions approved by the Treasurer. (sec.83-ssec.2) Each accountable officer must pay all public moneys and non-public moneys received by the accountable officer to the credit of a departmental financial institution account of the officer’s department. (sec.83-ssec.3) Each accountable officer must, for the period and at the time decided by the Treasurer, pay to the Treasurer the amount of the administered receipts received by the department during the period. (sec.83-ssec.4) Subsection (1) does not apply to the extent the accounts are necessary under section 83A (2) . (sec.83-ssec.5) Subsections (2) and (3) do not apply in relation to contributions made under an Act to a special purpose account. (sec.83-ssec.6) Also, subsection (3) does not apply to an amount received from the Treasurer or an administered receipt received for another department. (sec.83-ssec.7) An amount of public moneys may be paid from a departmental financial institution account only under subsection (3) or the prescribed requirements. (sec.83-ssec.8) An amount of non-public moneys may be paid from a departmental financial institution account only— under the prescribed requirements; or under an agreement, arrangement, contract, court order, law or transaction under which the non-public moneys are received or become payable. - (a) for overseas operations—with the banking institution approved by the Treasurer; and - (b) otherwise—with the financial institutions approved by the Treasurer. - (a) under the prescribed requirements; or - (b) under an agreement, arrangement, contract, court order, law or transaction under which the non-public moneys are received or become payable.