Commonwealth Consolidated Regulations

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FINANCIAL MANAGEMENT AND ACCOUNTABILITY REGULATIONS 1997 - REG 5A

Business operation of an Agency

         (1)   The Finance Chief Executive may, in writing, determine that an activity, or a class of activities, of an Agency specified in the determination is to be treated as a business operation of the Agency.

Note    The determination of an activity or activities as a business operation of an Agency has implications for reporting and auditing in relation to financial statements.

         (2)   The Finance Chief Executive must publish a determination on the Department's website as soon as practicable after making it.

   



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