Commonwealth legislation

Financial Management and Accountability Determination 2006/08 — Regional Telecommunications Infrastructure Account Abolition 2006

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This Act has been repealed and is no longer in force. It is retained for historical reference.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

What it does

Formally shuts down a specific fund that was used for telecommunications infrastructure projects in regional areas of Australia.
This is an administrative mechanism under the Financial Management and Accountability Act 1997 (the law governing how Commonwealth money is managed).

Who it affects

Mainly impacts government agencies responsible for regional telecommunications funding. For the general public, this represents machinery-of-government changes, though it may indicate that a specific grant program or funding scheme has ended or been moved to a different budget line.

Why it matters

Government accounts require formal legal instruments to be closed properly. This determination provides the necessary legal authority to wind up the account and consolidate its functions or balances elsewhere.

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Current sections

Direct links to the current provisions in Financial Management and Accountability Determination 2006/08 — Regional Telecommunications Infrastructure Account Abolition 2006.

Financial Management and Accountability Determination 2006/08 — Regional Telecommunications Infrastructure Account Abolition 2006

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Financial Management and Accountability Determination 2006/08 — Regional Telecommunications Infrastructure Account Abolition 2006

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 2006

NICK MINCHIN

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2006/08 — Regional Telecommunications Infrastructure Account Abolition 2006.

2 Commencement

This Determination shall come into effect upon registration on the Federal Register of Legislative Instruments.

3 Abolition

The Regional Telecommunications Infrastructure 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 2006/08 — Regional Telecommunications Infrastructure Account Abolition 2006

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 2006

NICK MINCHIN

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability Determination 2006/08 — Regional Telecommunications Infrastructure Account Abolition 2006.

2 Commencement

This Determination shall come into effect upon registration on the Federal Register of Legislative Instruments.

3 Abolition

The Regional Telecommunications Infrastructure Account is abolished.