Commonwealth Consolidated Regulations

FINANCIAL MANAGEMENT AND ACCOUNTABILITY REGULATIONS 1997

- made under the Financial Management and Accountability Act 1997

TABLE OF PROVISIONS

   PART 1--P--RELIMINARY

   1.      Name of regulations [see Note 1]  
   2.      Commencement [see Note 1]  
   3.      Definitions  

   PART 2--A--GENCIES

   4.      Allocation of certain persons to Departments of State and Departments of the Parliament  
   5.      Prescribed Agencies and Chief Executives of prescribed Agencies  

   PART 3--P--OWERS OF CHIEF EXECUTIVES

   6.      Chief Executive's Instructions (Act, s 52)  

   PART 4--C--OMMITMENTS TO SPEND PUBLIC MONEY

   7.      Commonwealth Procurement Guidelines  
   8.      Officials to have regard to guidelines  
   9.      Approval of spending proposals -- principles  
   10.     Approval of future spending proposals  
   11.     Approval of spending proposals -- officials  
   12.     Approval to be recorded  
   13.     Entering into contracts etc  
   14.     Entering into loan guarantees  

   PART 5--R--ELEVANT AGENCY RECEIPTS

   15.     Relevant Agency receipts  
   16.     Limits on Agency receipts  

   PART 5A--P--ROTECTION OF PUBLIC MONEY AND PUBLIC PROPERTY

   16A.    Guidelines on fraud  
   16B.    Officials to have regard to guidelines  

   PART 6--B--ANKING OF PUBLIC MONEY ETC

   17.     Prompt banking of received money (Act, s 10)  
   18.     Public money in non-bankable currency  
   19.     Withdrawals from official accounts and internal transfers between accounts (Act, s 13)  
   20.     Custody etc of securities (Act, s 40)  

   PART 7--B--ORROWING AND INVESTMENT

   21.     Credit cards (Act, ss 38 and 60)  
   22.     Investment of public money (Act, s 39)  

   PART 7A--R--EPORTING AND AUDIT ETC

   22A.    Preparation of annual financial statements by Finance Minister (Act, s 55)  
   22B.    Audit of Finance Minister's annual financial statements (Act, s 56)  
   22C.    Terms of reference of audit committees (Act, s 46)  
   22D.    Estimates  

   PART 8--D--ELEGATIONS AND FOUND PROPERTY

   23.     Disposal of property found on Commonwealth premises etc  
   24.     Finance Minister may delegate powers  
   24A.    Treasurer may delegate powers  
   25.     Finance Chief Executive may delegate powers  
   25A.    Treasury Chief Executive may delegate powers  
   26.     Chief Executive may delegate powers  

   PART 9--M--ODIFIED OPERATION OF ACT

   27.     Modification of Act for intelligence or security agency (Act, s 58)  
   28.     Modifications of Act for prescribed law enforcement agency (Act s 58)  

   PART 10--A--CT OF GRACE AND PROBATE PAYMENTS

   29.     Act of grace payments and waiver of debts (Act, ss 33 and 34)  
   30.     Finance Minister may approve payments pending probate etc  
           SCHEDULE 1 Prescribed agencies [see Note 2]
           SCHEDULE 2 Modification of the Act in its application to an intelligence or security agency or a prescribed law enforcement agency
           SCHEDULE 3 Prescribed law enforcement agencies