51DCommonwealth Financial Officer for Norfolk Island

51D Commonwealth Financial Officer for Norfolk Island

(1) The regulations may provide that there is to be a Commonwealth Financial Officer for Norfolk Island. (2) If the regulations do so, the regulations must provide that the Commonwealth Financial Officer for Norfolk Island is to: (a) be appointed by the Governor‑General; and (b) hold office during the pleasure of the Governor‑General. (3) The regulations may: (a) provide that the Commonwealth Financial Officer for Norfolk Island is entitled at all reasonable times to full and free access to all accounts, records, documents and papers relating directly or indirectly to: (i) the receipt or payment of money by the Administration or a Territory authority; or (ii) the acquisition, receipt, custody or disposal of assets by the Administration or a Territory authority; and (b) provide that the Commonwealth Financial Officer for Norfolk Island is entitled to make copies of, or take extracts from, any such accounts, records, documents or papers. (4) If an enactment is inconsistent with regulations made for the purposes of subsection (3), the enactment has no effect to the extent of the inconsistency. (5) Regulations made for the purposes of subsection 48R(1) or 48S(1) may confer functions and powers on the Commonwealth Financial Officer for Norfolk Island.