48NPromoting efficient, effective and ethical use etc. of the resources of Territory authorities

48N Promoting efficient, effective and ethical use etc. of the resources of Territory authorities

(1) The responsible manager or managers of a Territory authority must manage the affairs of the authority in a way that promotes the proper use of the resources of the authority for which the responsible manager or managers is or are responsible. (2) In doing so, the responsible manager or managers must comply with this Act, the regulations, the Commonwealth Finance Minister’s Orders and any other law. (3) In this section:

proper use means efficient, effective and ethical use that is not inconsistent with the policies of the Administration.