Commonwealth legislation

Financial Management and Accountability Act 1997 - Determination to Abolish a Special Account (21/07/1999)

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This Act has been repealed and is no longer in force. It is retained for historical reference.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 determination abolishes (closes) a special government bank account called the Public Sector Management Course Special Account.

Under the Financial Management and Accountability Act 1997, the Commonwealth can create special accounts—these are dedicated pools of money within the federal budget set aside for specific programs or purposes. When such an account is no longer needed, it must be formally wound up by an authorised delegate.

This one-page instrument does exactly that: the Acting Branch Manager of the Department of Finance determines that this particular account (used for public sector management training) is formally abolished.

Who this affects:

Public servants who were administering the account
Any remaining funds (which would be transferred back to general government revenue or another appropriate destination)

Why this matters: It tidies up the government's financial records by formally closing an obsolete account, ensuring the official books accurately reflect which special accounts are active.

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Current sections

Direct links to the current provisions in Financial Management and Accountability Act 1997 - Determination to Abolish a Special Account (21/07/1999).

Financial Management and Accountability Act 1997 - Determination to Abolish a Special Account (21/07/1999)

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SUBSECTION 20(3) OF THE FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997

DETERMINATION TO ABOLISH A SPECIAL ACCOUNT

I, Anne Morant, Acting Branch Manager, Financial Framework Branch, pursuant to powers delegated to me by the Chief Executive of the Department of Finance & Administration under section 53 of the Financial Management and Accountability Act 1997, for the purposes of subsection 20(3) of that Act, determine that the Public Sector Management Course Special Account is abolished.

Anne Morant

Delegate of the Chief Executive of the

Department of Finance and Administration

21 July1999

Source text

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