Commonwealth legislation

Financial Management and Accountability Determination 1998/06 - Determination to Establish a Component of the Reserved Money Fund

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legislative instrument

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This determination creates a dedicated reserve fund—the House of Representatives – Commonwealth Parliamentary Association Conference and Seminar Contributions Reserve—to hold and manage money for the Commonwealth Parliamentary Association Conference held in Australia in 2001.

Only specified monies (trust funds, parliamentary appropriations, conference-related receipts and participant payments) may be deposited, and withdrawals are limited to expenses for that 2001 conference, ensuring funds are quarantined and transparently used for their intended purpose.

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Financial Management and Accountability Determination 1998/06 - Determination to Establish a Component of the Reserved Money Fund

DETERMINATION NUMBER: 1998/6

SECTION 20 OF THE FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997

DETERMINATION TO ESTABLISH A COMPONENT OF THE RESERVED MONEY FUND

I, Graham Millar, Branch Manager, 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, determine, for the purposes of section 20 of that Act, that the House of Representatives – Commonwealth Parliamentary Association Conference and Seminar Contributions Reserve is established as a component of the Reserved Money Fund.

I further determine that:

(a) amounts of the following kinds may be transferred from the Consolidated Revenue Fund to this component:

money that is held in trust for, or otherwise for the benefit of, a person other than the Commonwealth;
all money appropriated by law for the purpose of payment into the component;
all money received in consideration for any service, benefit, activity, transaction or other matter which is congruent with the expenditure purposes of the component;
all money paid to the Commonwealth by any person for the expenditure purposes of the component; and,

(b) the purposes for which amounts may be debited to the component are:

for expenditure relating to the Commonwealth Parliamentary Association Conference to be held in Australia in 2001.

Signed Graham Millar

Graham Millar

Delegate of the Finance Chief Executive

24 June 1998

Source text

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

1 Financial Management and Accountability Determination 1998/06 - Determination to Establish a Component of the Reserved Money Fund