Financial and Performance Management Standard 2019
sec.13Revenue management
Start here
Get a plain-English read of sec.13
Turn the raw legal text into a practical explanation grounded in Financial and Performance Management Standard 2019.
sec.13 Revenue management
A department’s accountable officer or a statutory body— must manage the revenue of the department or statutory body in accordance with the revenue management system established for the department or statutory body under section 11 (1) (a) ; and may, subject to subsection (2) , fix charges for goods or services provided by the department or statutory body. In deciding charges for goods or services provided by the department or statutory body, the accountable officer or statutory body must have regard to the document called ‘Principles for fees and charges’ published by the treasury department. A copy of the document is available on the treasury department’s website. Without limiting section 11 , the revenue management system must provide for— the prompt identification, collection, management and recording of information about revenue; and the timely writing-off of revenue. (sec.13-ssec.1) A department’s accountable officer or a statutory body— must manage the revenue of the department or statutory body in accordance with the revenue management system established for the department or statutory body under section 11 (1) (a) ; and may, subject to subsection (2) , fix charges for goods or services provided by the department or statutory body. (sec.13-ssec.2) In deciding charges for goods or services provided by the department or statutory body, the accountable officer or statutory body must have regard to the document called ‘Principles for fees and charges’ published by the treasury department. A copy of the document is available on the treasury department’s website. (sec.13-ssec.3) Without limiting section 11 , the revenue management system must provide for— the prompt identification, collection, management and recording of information about revenue; and the timely writing-off of revenue.
- (a) must manage the revenue of the department or statutory body in accordance with the revenue management system established for the department or statutory body under section 11 (1) (a) ; and
- (b) may, subject to subsection (2) , fix charges for goods or services provided by the department or statutory body.
- (a) the prompt identification, collection, management and recording of information about revenue; and
- (b) the timely writing-off of revenue.