New South Wales Repealed Regulations

This legislation has been repealed.

LOCAL GOVERNMENT (FINANCIAL MANAGEMENT) REGULATION 1999

- Made under the Local Government Act 1993
- As at 31 August 2004
- Reg 459 of 1999

TABLE OF PROVISIONS

   PART 1 - PRELIMINARY

   1.      Name of Regulation
   2.      Commencement
   3.      Application of Regulation
   4.      Definitions

   PART 2 - MANAGEMENT PLANS AND BUDGETING BY COUNCILS

   5.      Requirements as to estimates of income and expenditure
   6.      Responsible accounting officer to maintain system for budgetary control
   7.      Budget review statements and revision of estimates

   PART 3 - COUNCILS’ FUNDS

   8.      Council to establish and maintain accounts with banks, building societies or credit unions
   9.      Withdrawal of certain money

   PART 4 - ACCOUNTING RECORDS AND ACCOUNTING PRACTICES

   10.     Accounting records and accounting practices to accord with the Code
   11.     Responsibility for accounting records
   12.     Production of accounting records
   13.     Particular responsibilities of the general manager
   14.     Council to rectify defects in internal control systems
   15.     Authorisation of expenditure
   16.     Reports on council investments
   17.     Restrictions on writing-off debts to a council

   PART 5 - ANNUAL FINANCIAL REPORTS

   18.     Additional requirements for preparation of a council’s financial reports
   19.     Statement by a council on its annual reports
   20.     Council’s annual financial reports to be amended in certain cases

   PART 6 - MISCELLANEOUS

   21.     Matters to be taken into consideration by auditor
   22.     Half-yearly inspection of council’s accounting records
   23.     Loans to council to be charge on the council’s income
   24.     General manager to notify borrowings to Director-General
   25.     Rounding down of certain payments to nearest multiple of 5 cents
   25A.    Application of amendment made by Local Government Amendment Act 2000 to annual reports
   26.     Repeal