Financial and Performance Management Standard 2019
sec.58Applications for Treasurer’s approval under the Act , ss 88 and 88A
Start here
Get a plain-English read of sec.58
Turn the raw legal text into a practical explanation grounded in Financial and Performance Management Standard 2019.
sec.58 Applications for Treasurer’s approval under the Act , ss 88 and 88A
This section applies if a department makes an application— for the Treasurer’s approval to do a thing mentioned in section 88 (1) of the Act ; or under section 88A (2) of the Act . The department must, in making the application, have regard to the document called ‘Guidelines for the formation, acquisition and post approval monitoring of companies’ published by the treasury department. A copy of the document is available on the treasury department’s website. (sec.58-ssec.1) This section applies if a department makes an application— for the Treasurer’s approval to do a thing mentioned in section 88 (1) of the Act ; or under section 88A (2) of the Act . (sec.58-ssec.2) The department must, in making the application, have regard to the document called ‘Guidelines for the formation, acquisition and post approval monitoring of companies’ published by the treasury department. A copy of the document is available on the treasury department’s website.
- (a) for the Treasurer’s approval to do a thing mentioned in section 88 (1) of the Act ; or
- (b) under section 88A (2) of the Act .