New South Wales Consolidated Acts

PUBLIC FINANCE AND AUDIT ACT 1983 - SECT 9

9 Treasurer’s directions

(1) The Treasurer may, from time to time, issue directions to accounting officers and officers of an authority with respect to the principles, practices and procedures to be observed in the administration of the financial affairs of the State and may, at any time, amend, vary or cancel a direction so issued.

(2) Without limiting the generality of subsection (1), the Treasurer may issue directions relating to:

(a) the accounting for receipts and payments of money,

(b) money recoverable by the State,

(c) the recording, issue and control of public property and other property,

(d) the sale and disposition of public property and other property,

(e) banking arrangements,

(f) the writing off of debts,

(g) the preparation of the consolidated financial statements, general government sector financial statements and other financial reports,

(h) the preparation of estimates,

(i) the commitment of expenditure,

(j) the control and management of budget allocations,

(k) budgeting and accounting,

(k1) the establishment and operation of working accounts within the Special Deposits Account,

(l) the insurance and protection of public property and other property,

(m) controls for computer-based accounting systems,

(n) the form and content of financial reports and the accounting policies to be observed in preparing those reports,

(o) the payment, into an account in the Special Deposits Account for an authority, of a percentage (not being less than 50 per cent) of the proceeds of a sale or lease of a surplus asset vested in, used by or under the control of the authority,

(p) the purposes for which an authority may expend proceeds referred to in paragraph (o), being purposes in connection with the acquisition or maintenance of capital assets, and

(q) the transfer of funds, for the settlement of a claim by one authority against another authority, between accounts maintained by the Treasury for the purposes of those authorities, notwithstanding any Act relating to the appropriation of those funds.

(3) A provision of a direction issued under this section may:

(a) apply generally or be limited in its application by reference to specified exceptions or factors,

(b) apply differently according to different factors of a specified kind, or

(c) authorise any matter or thing to be from time to time determined, applied or regulated by any specified person, group of persons or body,

or may do any combination of those things.

(4) A direction issued under this section shall not apply to or in respect of:

(b) a university, or

(c) a person, group of persons or body prescribed for the purposes of this section.