Commonwealth Consolidated Acts

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FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997 - SECT 47

Recovery of debts

             (1)  A Chief Executive must pursue recovery of each debt for which the Chief Executive is responsible unless:

                     (a)  the debt has been written off as authorised by an Act; or

                     (b)  the Chief Executive is satisfied that the debt is not legally recoverable; or

                     (c)  the Chief Executive considers that it is not economical to pursue recovery of the debt.

             (2)  For the purposes of subsection (1), a Chief Executive is responsible for:

                     (a)  debts owing to the Commonwealth in respect of the operations of the Agency; and

                     (b)  debts owing to the Commonwealth that the Finance Minister has allocated to the Chief Executive.



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