Commonwealth legislation

Financial Management and Accountability Determination 2005/17 — National Film and Sound Archive 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This Act has been repealed and is no longer in force. It is retained for historical reference.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 closes a special government bank account called the National Film and Sound Archive Account.

What it does

Abolishes (shuts down) a specific bank account that was set up for the National Film and Sound Archive (Australia's audiovisual cultural institution).
Under the Financial Management and Accountability Act 1997, when an account is abolished, any remaining money is usually transferred to the government's central bank account (the Official Public Account).

Who it affects

The National Film and Sound Archive (the institution that holds Australia's film, television and sound recordings).
The Department of Finance (which oversees government accounts).

Why it matters This is administrative housekeeping. It streamlines the Archive's finances by removing a separate account, consolidating its money into the standard government banking system to simplify accounting and oversight.

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Current sections

Direct links to the current provisions in Financial Management and Accountability Determination 2005/17 — National Film and Sound Archive Account Abolition 2005.

Financial Management and Accountability Determination 2005/17 — National Film and Sound Archive Account Abolition 2005

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Financial Management and Accountability Determination 2005/17 — National Film and Sound Archive 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 29 June 2005

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2005/17 — National Film and Sound Archive Account Abolition 2005.

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

2 Abolition of National Film and Sound Archive Account

The National Film and Sound Archive Account is abolished.

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 2005/17 — National Film and Sound Archive 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 29 June 2005

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2005/17 — National Film and Sound Archive Account Abolition 2005.

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

2 Abolition of National Film and Sound Archive Account

The National Film and Sound Archive Account is abolished.