Northern Territory Consolidated Regulations Northern Territory Consolidated RegulationsIn these Regulations:
"Accounting Standards" means the current Australian Accounting Standards as published by the Australian Accounting Standards Board.
"collective procurement agreement", for Part 13, Division 2, see regulation 30A.
"entity", for Part 13, Division 2, see regulation 30A.
"income" includes capital receipts.
"non-current asset "means an asset with an expected life of more than 1 year acquired at a capital cost exceeding $5 000.
"procurement group", for Part 13, Division 2, see regulation 30A.
supplies means goods or services required by a council.
"tender committee", for Part 13, Division 2, see regulation 30A.