102Rules relating to the Commonwealth and Commonwealth entities

102 Rules relating to the Commonwealth and Commonwealth entities

(1) The rules may make provision for the following in relation to the Commonwealth and Commonwealth entities: (a) ensuring or promoting the proper use and management of public resources; (b) ensuring or promoting proper accountability for the use and management of public resources; (d) risk oversight and management; (e) managing appropriations; (f) reporting periods; (g) performance; (h) for a Commonwealth entity that has ceased to exist or whose functions have been transferred to another Commonwealth entity: (i) the preparation and giving of a report for the entity; and (ii) the preparation, auditing and giving of financial statements and performance statements for the entity. (2) The rules may prescribe that a contravention of the finance law by an official of a Commonwealth entity does not affect the validity of any act, transaction, agreement, instrument, resolution or other thing.