Financial Management Act 2016
SCHEDULE 2 - Savings and TransSCHEDULE 2 - Savings and Transitional Provisions
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SCHEDULE 2 - Savings and Trans SCHEDULE 2 - Savings and Transitional Provisions
1. References to Consolidated Fund, Consolidated Revenue, Consolidated Revenue Fund, Loan Fund and Special Deposits and Trust Fund
(1) In this clause –
relevant document means any enactment, agreement, certificate, notice, or other document, that existed or was in force immediately before the commencement of this Act.
(2) A reference, in a relevant document, to the Consolidated Fund, Consolidated Revenue, the Consolidated Revenue Fund, the Loan Fund, or the Special Deposits and Trust Fund established under the Public Account Act 1986 , is to be read after the commencement of this Act as a reference to the Public Account and the relevant document is to be construed and have effect accordingly.
2. Matters or things made, entered into, &c., under Financial Management and Audit Act 1990 and Public Account Act 1986
(1) Any matter or thing that –
(a) the Treasurer may make, enter into, authorise or determine; and
(b) has been imposed or conferred on, or entrusted to, the Head of an Agency, accountable authority or special appropriation under the Financial Management and Audit Act 1990 or Public Account Act 1986 ; and
(c) is in effect before the commencement of this Act –
continues to apply under this Act for a period of 2 years from the commencement of this Act or a shorter or longer period that the Treasurer determines.
(2) Subclause (1) does not apply if this Act provides that –
(a) the matter or thing is to be made, entered into, authorised or determined exclusively by the Treasurer; or