Commonwealth legislation

Financial Management and Accountability Determination 2004/17 — Campaign Account Variation and 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This Act has been repealed and is no longer in force. It is retained for historical reference.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

2/10 complexity

This determination streamlines how the Australian Government holds and spends money for political and public information campaigns by closing the old Campaign Account and enabling transfers into a new Campaign Advertising Special Account. It mainly affects the Department of Finance and agencies that run government advertising.

It’s housekeeping to avoid funds being trapped during the switch between account types and to keep campaign money properly accounted for.

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Financial Management and Accountability Determination 2004/17 — Campaign Account Variation and Abolition 2004

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Financial Management and Accountability Determination 2004/17 — Campaign Account Variation and Abolition 2004

I, NICK MINCHIN, Minister for Finance and Administration, make this Determination under subsections 20 (2) and (3) of the Financial Management and Accountability Act 1997.

Dated 19 November 2004

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2004/17 — Campaign Account Variation and Abolition 2004.

Note This Determination takes effect in accordance with section 22 of the Financial Management and Accountability Act 1997. The Parliament must consider the Determination before it can take effect.

2 Variation of Determination to Establish Components of the Reserved Money Fund

Schedule 1 varies the Determination to Establish Components of the Reserved Money Fund that included the establishment of the Campaign Account.

3 Abolition of Campaign Account

The Campaign Account is abolished with effect from the time, after Schedule 1 takes effect, at which the balance of the appropriation for the Campaign Account reaches zero.

Schedule 1 Variation

(section 2)

Do not delete : Schedule Part Placeholder

[1] Determination, attachment

after

For expenditure relating to the costs associated with running the central advertising system.

insert

To credit amounts to the Campaign Advertising Special Account.

Source text

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

1 Financial Management and Accountability Determination 2004/17 — Campaign Account Variation and Abolition 2004

Financial Management and Accountability Determination 2004/17 — Campaign Account Variation and Abolition 2004

I, NICK MINCHIN, Minister for Finance and Administration, make this Determination under subsections 20 (2) and (3) of the Financial Management and Accountability Act 1997.

Dated 19 November 2004

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2004/17 — Campaign Account Variation and Abolition 2004.

Note This Determination takes effect in accordance with section 22 of the Financial Management and Accountability Act 1997. The Parliament must consider the Determination before it can take effect.

2 Variation of Determination to Establish Components of the Reserved Money Fund

Schedule 1 varies the Determination to Establish Components of the Reserved Money Fund that included the establishment of the Campaign Account.

3 Abolition of Campaign Account

The Campaign Account is abolished with effect from the time, after Schedule 1 takes effect, at which the balance of the appropriation for the Campaign Account reaches zero.

Schedule 1 Variation

(section 2)

Do not delete : Schedule Part Placeholder

[1] Determination, attachment

after

For expenditure relating to the costs associated with running the central advertising system.

insert

To credit amounts to the Campaign Advertising Special Account.