FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997 No. 154 of 1997 - SECT 5 Definitions

FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997 No. 154 of 1997 - SECT 5

Agency means:

(a) a Department of State:

(i) including persons who are allocated to the Department (for the purposes of this Act) by regulations made for the purposes of this paragraph; but

(ii) not including any part of the Department that is a prescribed Agency;

(b) a Department of the Parliament, including persons who are allocated to the Department (for the purposes of this Act) by regulations made for the purposes of this paragraph;

(c) a prescribed Agency.

bank means:

(a) a person who carries on the business of banking, either in Australia or outside Australia; or

(b) any other institution:

(i) that carries on a business in Australia that consists of or includes taking money on deposit; and

(ii) the operations of which are subject to prudential supervision or regulation under a law of the Commonwealth, a State or a Territory.

(a) for a prescribed Agency--the person identified by the regulations as the Chief Executive of the Agency; or

(b) for any other Agency--the person who is the Secretary of the Agency for the purposes of the Public Service Act 1922 .

Consolidated Revenue Fund means the Consolidated Revenue Fund referred to in section 81 of the Constitution.

Drawn Money has the meaning given by section 17.

Finance Minister means the Minister who administers this Act.

Finance Minister's Orders means Orders made under section 63.

Fund means:

(a) the Consolidated Revenue Fund;

(b) the Loan Fund;

(c) the Commercial Activities Fund;

(d) the Reserved Money Fund.

Minister includes a Presiding Officer.

official means a person who is in an Agency or is part of an Agency.

official account means a bank account referred to in section 9.

prescribed Agency means a body, organisation or group of persons prescribed by the regulations for the purposes of this definition.

Presiding Officer means the President of the Senate or the Speaker of the House of Representatives.

public money means:

(a) money in the custody or under the control of the Commonwealth; or

(b) money in the custody or under the control of any person acting for or on behalf of the Commonwealth in respect of the custody or control of the money;

public property means:

(a) property in the custody or under the control of the Commonwealth; or

(b) property in the custody or under the control of any person acting for or on behalf of the Commonwealth in respect of the custody or control of the property;

Received Money has the meaning given by section 17.

Reserved Money Fund means the fund established by section 20.

Special Instruction means an instruction by the Finance Minister under section 16.

special public money has the meaning given by section 16.