Financial and Performance Management Standard 2019
sec.66Contract performance guarantees given before commencement
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sec.66 Contract performance guarantees given before commencement
This section applies to a contract performance guarantee in effect immediately before the commencement that complies with— repealed section 38(2); and if the contract performance guarantee was given by a contractor—repealed section 39(1). On the commencement, the contract performance guarantee is taken to comply with— section 33; and if the contract performance guarantee was given by a contractor—section 34(1). In this section— contractor means a person who has entered into a contract with a department’s accountable officer or a statutory body. (sec.66-ssec.1) This section applies to a contract performance guarantee in effect immediately before the commencement that complies with— repealed section 38(2); and if the contract performance guarantee was given by a contractor—repealed section 39(1). (sec.66-ssec.2) On the commencement, the contract performance guarantee is taken to comply with— section 33; and if the contract performance guarantee was given by a contractor—section 34(1). (sec.66-ssec.3) In this section— contractor means a person who has entered into a contract with a department’s accountable officer or a statutory body.
- (a) repealed section 38(2); and
- (b) if the contract performance guarantee was given by a contractor—repealed section 39(1).
- (a) section 33; and
- (b) if the contract performance guarantee was given by a contractor—section 34(1).