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Financial Management Act 2016
13Authorised deposit-taking institution accounts
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13 Authorised deposit-taking institution accounts
(1) An accountable authority may, with the prior approval of the Treasurer, open and maintain one or more authorised deposit-taking institution accounts for the purpose, and subject to any terms and conditions, that the Treasurer determines.
(2) An account opened and maintained in accordance with subsection (1) is to be used to receive and expend money only as authorised by this Act or any other written law.