Commonwealth Consolidated Regulations

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FINANCIAL MANAGEMENT AND ACCOUNTABILITY REGULATIONS 1997 - SCHEDULE 2

Modification of the Act in its application to an intelligence or security agency or a prescribed law enforcement agency

(regulation 27 and subregulation 28 (2))

   

[1]           Section 5

insert

operational money means public money:

                (a)    that the Minister responsible for an Agency determines is needed to do things consistent with the Agency's charter; and

               (b)    that is not money needed for staff and general administrative expenditure.

[2]           Subsection 9 (2)

after

account

insert

, other than an account that is opened for the purpose of dealing with operational money,

[3]           Section 11

before

An official

insert

(1)

[4]           Section 11

insert

         (2)   Subsection (1) does not apply to an official who deposits public money in an account other than an official account in accordance with instructions given by the Chief Executive of the official's Agency.

[5]           Subection 49 (1)

omit

the Finance Minister's Orders

insert

an agreement between the Finance Minister and the Minister responsible for the Agency

[6]           Subsection 49 (2)

omit

Finance Minister's Orders

insert

agreement

[7]           Subsection 49 (2)

omit

those Orders require

insert

the agreement requires

[8]           Subsection 49 (3)

omit

Finance Minister's Orders

insert

agreement

[9]           Subsection 49 (3)

omit

those Orders

insert

the agreement

[10]         Subsection 49 (4)

omit

Finance Minister's Orders

insert

the agreement

[11]         Paragraph 57 (2) (a)

omit

the Finance Minister's Orders

insert

an agreement between the Finance Minister and the Minister responsible for an Agency

[11A]      Paragraph 57 (2) (b)

omit

those Orders

insert

the agreement

[12]         Subsection 57 (3)

omit

Finance Minister's Orders

insert

agreement

[13]         Subsection 57 (7)

after

reports

insert

(other than financial statements that have, or a report that has, details of operational money)



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