Commonwealth legislation

Financial Management and Accountability (Determination 2004/12 — Bureau of Tourism Research Account) Abolition 2004

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This Act has been repealed and is no longer in force. It is retained for historical reference.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

What this does

This determination abolishes (shuts down) a specific government bank account called the Bureau of Tourism Research Account.

Why it matters

Under the Financial Management and Accountability Act 1997, government agencies need special approval to open and close bank accounts. This instrument formally closes the account that previously held money for the Bureau of Tourism Research — likely because the Bureau was being merged into another agency (Tourism Research Australia) or undergoing machinery-of-government changes.

Key points

Section 2 is the heart of the document: it simply states the account is abolished.
Commencement date: The determination took effect on 30 June 2004 (backdated slightly from the date it was signed on 9 July 2004).
Practical effect: Any remaining funds in the account would have been transferred elsewhere, and the account number would no longer be active for deposits or payments.

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Current sections

Direct links to the current provisions in Financial Management and Accountability (Determination 2004/12 — Bureau of Tourism Research Account) Abolition 2004.

Financial Management and Accountability (Determination 2004/12 — Bureau of Tourism Research Account) Abolition 2004

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Financial Management and Accountability (Determination 2004/12 — Bureau of Tourism Research Account) Abolition 2004

I, NICK MINCHIN, Minister for Finance and Administration, make this Determination under subsection 20 (3) of the Financial Management and Accountability Act 1997.

Dated 9 July 2004

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability (Determination 2004/12 — Bureau of Tourism Research Account) Abolition 2004.

2 Abolition of Bureau of Tourism Research Account

The Bureau of Tourism Research Account is abolished.

3 Commencement

This determination commences on 30 June 2004.

Source text

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

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Financial Management and Accountability (Determination 2004/12 — Bureau of Tourism Research Account) Abolition 2004

I, NICK MINCHIN, Minister for Finance and Administration, make this Determination under subsection 20 (3) of the Financial Management and Accountability Act 1997.

Dated 9 July 2004

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability (Determination 2004/12 — Bureau of Tourism Research Account) Abolition 2004.

2 Abolition of Bureau of Tourism Research Account

The Bureau of Tourism Research Account is abolished.

3 Commencement

This determination commences on 30 June 2004.