Commonwealth legislation

Financial Management and Accountability Act 1997 - Determination to Abolish the Lady Davidson Repatriation Hospital Reserve (30/06/1998)

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This Act has been repealed and is no longer in force. It is retained for historical reference.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 formally abolishes the Lady Davidson Repatriation Hospital Reserve — a special pool of Commonwealth money that had been set aside for the veterans' hospital in Sydney.

Under the Financial Management and Accountability Act 1997, a "reserve" was simply a way to ring-fence funds within the government's main bank account (the Consolidated Revenue Fund) for specific purposes. This instrument closes that account.

Who made it: A delegate of the Finance Chief Executive (the senior official running federal finances), acting under delegated authority.

What it does: Cancels the Reserve, returning any remaining funds to general government control.

Why it matters: This is administrative housekeeping. It tidies up old financial structures, most likely because the hospital had transferred to New South Wales state management or no longer required dedicated federal funding.

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Direct links to the current provisions in Financial Management and Accountability Act 1997 - Determination to Abolish the Lady Davidson Repatriation Hospital Reserve (30/06/1998).

Financial Management and Accountability Act 1997 - Determination to Abolish the Lady Davidson Repatriation Hospital Reserve (30/06/1998)

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SUBSECTION 20(4) OF THE FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997

DETERMINATION TO ABOLISH THE LADY DAVIDSON REPATRIATION HOSPITAL RESERVE

I, Dean Kingsley Wallace, Special Adviser, Financial Framework Branch, pursuant to powers delegated to me by the Finance Chief Executive under section 53 of the Financial Management and Accountability Act 1997, for the purposes of subsection 20(4) of that Act, determine that the Lady Davidson Repatriation Hospital Reserve is abolished.

D.K. Wallace

Delegate of the Finance Chief Executive

30 June 1998

Source text

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