Commonwealth legislation

Financial Framework Legislation Amendment Act (No. 1) 2007 - 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This Act has been repealed and is no longer in force. It is retained for historical reference.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

This is a formal commencement proclamation — essentially an official 'start date' notice signed by the Governor‑General.

What it does

It switches on (commences) items 1 to 8 of Schedule 1 to the Financial Framework Legislation Amendment Act (No. 1) 2007.
The start date is fixed as 1 January 2008.

Why this happens Not all laws begin automatically when Parliament passes them. Some include a "trigger" that lets the Government choose exactly when they begin. This document pulls that trigger for the first eight items in Schedule 1, allowing those specific financial rules to take effect on New Year's Day 2008.

Who it affects This is an internal machinery change that primarily affects Commonwealth agencies and public‑sector finance officers who must comply with the new financial framework rules from the specified date.

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Current sections

Direct links to the current provisions in Financial Framework Legislation Amendment Act (No. 1) 2007 - Proclamation.

Financial Framework Legislation Amendment Act (No. 1) 2007 - Proclamation

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Proclamation

Financial Framework Legislation Amendment Act (No. 1) 2007

I, PHILIP MICHAEL JEFFERY, Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and under item 2 of the table in subsection 2 (1) of the Financial Framework Legislation Amendment Act (No. 1) 2007, fix 1 January 2008 as the day on which items 1 to 8 of Schedule 1 to that Act commence.

Signed and sealed with the Great Seal of Australia on 14 December 2007

P. M. JEFFERY Governor‑General

By His Excellency’s Command

LINDSAY TANNER

Minister for Finance and Deregulation

Source text

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