Commonwealth Consolidated Regulations

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FINANCIAL MANAGEMENT AND ACCOUNTABILITY REGULATIONS 1997 - REG 19

Withdrawals from official accounts and internal transfers between accounts (Act, s 13)

         (1)   An official may withdraw an amount from an official account for the purpose of depositing the amount into another official account if no appropriation and drawing right is relied on in relation to the transfer.

         (2)   An official may withdraw an amount from an official account for the purpose of establishing or reimbursing a cash advance established for a purpose, and maintained in a manner, approved by the Chief Executive.

         (3)   An official may withdraw an amount from an official account for the purpose of spending that amount under an appropriation if the official has been issued with a relevant drawing right under paragraph 27 (1) (a) of the Act.

         (4)   In subregulation (2):

cash advance means public money, in the custody or control of an official, and held outside an official account, for a purpose of making payments of public money in cash.

Note 1    Subregulations (1) and (2) authorise officials to make internal transfers (including within an Agency) of public money, in circumstances in which no real or notional payment is being made and no appropriation is required, for example, where an Agency transfers money from one of its own official accounts to another (or to the custody of an official), or money is transferred from the Official Public Account to an Agency's account.

Note 2    Section 13 of the Act provides that a withdrawal of money from an official account that is not authorised by these Regulations carries a penalty.



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