Commonwealth legislation

Financial Management and Accountability (Special Accounts) (Abolition of Cultural Ministers' Council Account) Determination 2001/01

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This Act has been repealed and is no longer in force. It is retained for historical reference.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 specific government bank account called the Cultural Ministers' Council Account.

What it does:

Abolishes (shuts down) the Cultural Ministers' Council Account, which was a 'Special Account' (a dedicated government account used to manage money for specific purposes under the Financial Management and Accountability Act 1997)
The closure is backdated to 30 June 2000, even though the determination was made in January 2001

Background: The account was originally set up on 31 December 1997 to hold funds related to the Cultural Ministers' Council (a body that coordinated cultural policy between the Australian Government and state/territory governments). This determination formally dissolves that financial mechanism.

Who it affects: Primarily affects Commonwealth government finance administration and accounting. It is an administrative tidying-up exercise with no direct impact on the general public or substantive legal rights.

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Current sections

Direct links to the current provisions in Financial Management and Accountability (Special Accounts) (Abolition of Cultural Ministers' Council Account) Determination 2001/01.

Financial Management and Accountability (Special Accounts) (Abolition of Cultural Ministers' Council Account) Determination 2001/01

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Financial Management and Accountability (Special Accounts) (Abolition of Cultural Ministers' Council Account) Determination 2001/01

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

Dated 23 January 2001

John Fahey

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability (Special Accounts) (Abolition of Cultural Ministers' Council Account) Determination 2001/01.

2 Commencement

This Determination is taken to have commenced on 30 June 2000.

3 Abolition of Special Account

The Special Account known as the Cultural Ministers’ Council Account, established by the Initial Determination to Establish Components of the Reserved Money Fund made on 31 December 1997, is abolished.

Source text

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

1 Financial Management and Accountability (Special Accounts) (Abolition of Cultural Ministers' Council Account) Determination 2001/01

Financial Management and Accountability (Special Accounts) (Abolition of Cultural Ministers' Council Account) Determination 2001/01

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

Dated 23 January 2001

John Fahey

Minister for Finance and Administration

1 Name of Determination

This Determination is the Financial Management and Accountability (Special Accounts) (Abolition of Cultural Ministers' Council Account) Determination 2001/01.

2 Commencement

This Determination is taken to have commenced on 30 June 2000.

3 Abolition of Special Account