QLDIn ForceAct
River Improvement Trust Act 1940
sec.12ATrust may make certain arrangements about its accounts
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### sec.12A Trust may make certain arrangements about its accounts
A trust may, by resolution, enter into a written arrangement with a local government to use the accounts, and the accounting systems, of the local government if—
at least 1 of the local government’s councillors is a member of the trust; and
the trust is satisfied it will achieve operational efficiencies under the arrangement.
If a trust enters into an arrangement, the funds established under section 12 must be included with the local government’s accounts and accounting systems and, at least once a month, are to be reconciled to ensure the funds consist of the moneys mentioned in the section.
This section applies despite a contrary provision under the Financial Accountability Act 2009 or Statutory Bodies Financial Arrangements Act 1982 .
s 12A prev s 12A ins 1981 No. 95 s 4
om 1994 No. 15 s 3 sch 1
pres s 12A ins 1997 No. 78 s 103
amd 2009 No. 9 s 136 sch 1
(sec.12A-ssec.1) A trust may, by resolution, enter into a written arrangement with a local government to use the accounts, and the accounting systems, of the local government if— at least 1 of the local government’s councillors is a member of the trust; and the trust is satisfied it will achieve operational efficiencies under the arrangement.
(sec.12A-ssec.2) If a trust enters into an arrangement, the funds established under section 12 must be included with the local government’s accounts and accounting systems and, at least once a month, are to be reconciled to ensure the funds consist of the moneys mentioned in the section.
(sec.12A-ssec.3) This section applies despite a contrary provision under the Financial Accountability Act 2009 or Statutory Bodies Financial Arrangements Act 1982 .
- (a) at least 1 of the local government’s councillors is a member of the trust; and
- (b) the trust is satisfied it will achieve operational efficiencies under the arrangement.