Australian Capital Territory Numbered Acts

FINANCIAL MANAGEMENT (AMENDMENT) ACT (NO. 2) 1997 (NO 102 OF 1997)

TABLE OF PROVISIONS

           Long Title

   1.      This Act may be cited as the Financial Management (Amendment) Act (No. 2) 1997.  
   3.      In this Act, “Principal Act” means the Financial Management Act 1996.1  
   4.      Section 3 of the Principal Act is amended by inserting in subsection (1) the following definitions:“ ‘banking account' means an account with a banking institution that is, or is substantially the same as, a bank account; ‘banking institution' means—  
   5.      Section 12 of the Principal Act is amended—  
   6.      Section 14 of the Principal Act is amended—  
   7.      Section 15 of the Principal Act is amended by omitting from paragraph (2) (b) “$50,000” and substituting “$150,000”.  
   8.      After section 15 of the Principal Act the following section is inserted:  
   9.      Section 17 of the Principal Act is amended by adding at the end the following subsection:  
   10.     After section 18 of the Principal Act the following section is inserted:  
   11.     After section 19A of the Principal Act the following section is inserted:  
   12.     After section 34 of the Principal Act the following section is inserted:  
   13.     After section 53 of the Principal Act the following sections are inserted in Part VII:  
   14.     The Principal Act is further amended as set out in the Schedule.  
   15.     Section 52 of the Canberra Institute of Technology Act 1987 is repealed.  
           SCHEDULE