Commonwealth legislation

Financial Management and Accountability Determination 2005/20 — Employment Entitlements Support Scheme 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This Act has been repealed and is no longer in force. It is retained for historical reference.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 down a specific government bank account called the Employment Entitlements Support Scheme Account.

What it does

Abolishes a special purpose account established under the Financial Management and Accountability Act 1997
Removes the legal authority for this account to hold public money

Who it affects

The Department of Finance (which administered the account)
Any government agencies handling claims or payments through this specific account

Why it matters This is financial "housekeeping" that winds up the banking mechanism for the Employment Entitlements Support Scheme — a program that previously helped workers recover unpaid wages when their employers went bankrupt or into liquidation. Abolishing the account likely means either consolidating remaining funds into the government's main bank accounts or closing the scheme entirely.

JSON API

Deep dive

Want the full deep dive?

Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.

Current sections

Direct links to the current provisions in Financial Management and Accountability Determination 2005/20 — Employment Entitlements Support Scheme Account Abolition 2005.

Financial Management and Accountability Determination 2005/20 — Employment Entitlements Support Scheme Account Abolition 2005

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"?>

View image in the official source

Financial Management and Accountability Determination 2005/20 — Employment Entitlements Support Scheme 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 August 2005

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2005/20 — Employment Entitlements Support Scheme Account Abolition 2005.

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

2 Abolition of Employment Entitlements Support Scheme Account

The Employment Entitlements Support Scheme 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 2005/20 — Employment Entitlements Support Scheme 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 August 2005

Nick Minchin

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2005/20 — Employment Entitlements Support Scheme Account Abolition 2005.

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

2 Abolition of Employment Entitlements Support Scheme Account

The Employment Entitlements Support Scheme Account is abolished.