Commonwealth legislation

Financial Management and Accountability Determination 2005/04 — Legal Practice Special Account Abolition 2005

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This Act has been repealed and is no longer in force. It is retained for historical reference.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 down) a government bank account called the Legal Practice Account.

What is this? Under Australian law, government agencies use special bank accounts called "Special Accounts" to hold and manage money for specific purposes. This determination shuts down one such account that was established under the Financial Management and Accountability Act 1997.

What changes?

The Legal Practice Account ceases to exist
Money can no longer be paid into or withdrawn from this account
Any remaining balance would be dealt with according to the rules in the parent Act

Who is affected? This primarily affects government agencies or departments that previously used this account to manage funds related to legal services or court matters. For most Australians, this is an administrative housekeeping measure that tidies up government financial arrangements.

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Direct links to the current provisions in Financial Management and Accountability Determination 2005/04 — Legal Practice Special Account Abolition 2005.

Financial Management and Accountability Determination 2005/04 — Legal Practice Special Account Abolition 2005

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Financial Management and Accountability Determination 2005/04 — Legal Practice Special Account Abolition 2005

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

Dated 3 May 2005

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2005/04 — Legal Practice Special Account Abolition 2005.

Note This Determination shall commence on the day that it is made.

2 Abolition of Legal Practice Account

The Legal Practice Account is abolished.

Source text

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

meta-content-style-type: text/css meta-content-type: application/xhtml+xml; charset=utf-8 meta-generator: Aspose.Words for .NET 20.2

?xml version="1.0" encoding="utf-8" standalone="no"?>

Financial Management and Accountability Determination 2005/04 — Legal Practice Special Account Abolition 2005

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

Dated 3 May 2005

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2005/04 — Legal Practice Special Account Abolition 2005.

Note This Determination shall commence on the day that it is made.

2 Abolition of Legal Practice Account

The Legal Practice Account is abolished.