Commonwealth legislation

Financial Framework Legislation Amendment Act 2010 - Proclamation

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

What this is: A formal government notice (called a 'proclamation') that switches on part of an existing law on a specific date.

What it does: This document sets 1 March 2011 as the start date for Schedule 5 of the Financial Framework Legislation Amendment Act 2010. This means the rules and budgetary changes contained in that Schedule became legally binding and enforceable on that date.

Who it affects: Primarily government agencies and officials who must comply with the financial management rules in Schedule 5. The general public is affected indirectly through how public money is managed.

Who made it: The Governor-General, acting on advice from the Federal Executive Council and the Minister for Finance and Deregulation.

Why it matters: Laws passed by Parliament often need a formal 'start button' like this to activate. Without this proclamation, Schedule 5 would have remained dormant even though Parliament had already passed it.

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Financial Framework Legislation Amendment Act 2010 - Proclamation

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Proclamation

Financial Framework Legislation Amendment Act 2010

I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and under item 5 of the table in subsection 2 (1) of the Financial Framework Legislation Amendment Act 2010, fix 1 March 2011 as the day on which Schedule 5 to that Act commences.

Signed and sealed with the Great Seal of Australia on 9 February 2011

QUENTIN BRYCE Governor-General

By Her Excellency’s Command

PENELOPE YING YEN WONG

Minister for Finance and Deregulation

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.