FINANCIAL MANAGEMENT ACT 2016

Table of Provisions

PART 1 - Preliminary

• 1 Short title
• 2 Commencement
• 3 Interpretation
• 4 Appropriate Minister
• 5 Principles of sound financial management
• 6 Application of Act
• 7 Application of Act to certain appropriations
• 8 Power of Governor to amend Part 1 of Schedule 1

PART 2 - Accounts

• 9 Public Account
• 10 System of public accounts
• 11 Public Account: expenditure and receipts
• 12 Other money collected to be credited to Public Account
• 13 Authorised deposit-taking institution accounts
• 14 Treasurer may approve overdraft
• 15 All money to be paid to authorised deposit-taking institution account
• 16 Agency accounts
• 17 Establishment of Specific Purpose Accounts
• 18 Agency Trust Accounts

PART 3 - Funds Management

• 19 Supporting statements in respect of Bills for Appropriation Acts
• 20 Transfer of appropriations of Public Account
• 21 Treasurer's Reserve
• 22 Variation of appropriations for Commonwealth grants
• 23 Rollover of unexpended balance of an appropriation
• 24 Supplementary estimates
• 25 Authority for expenditure
• 26 Application out of Public Account for advances to Agencies, &c.
• 27 Power of Treasurer to meet current and accruing requirements
• 28 Treasurer's expenditure control authority
• 29 Temporary borrowing pending receipts
• 30 Governor's authority for emergency expenditure
• 31 Investment of funds of Public Account

PART 4 - Accountable Authorities

• 32 Accountable authority responsible to Minister
• 33 Delegation by accountable authority
• 34 Accountable authority responsibilities

PART 5 - Reports Division 1 - Treasurer's reports

• 35 Treasurer's September quarterly report
• 36 Treasurer's revised estimates report
• 37 Treasurer's December quarterly report
• 38 Treasurer's March quarterly report
• 39 Treasurer's preliminary outcomes report
• 40 Treasurer's annual financial report
• 41 Tabling of Treasurer's annual financial report

Division 2 - Annual reports by Agencies

• 42 Reports by Agencies
• 43 Power to fix special financial year
• 44 Tabling of reports of accountable authorities

Division 3 - Reporting on abolition of Agencies

• 45 Purpose of Division
• 46 Reporting on abolition of Agency
• 47 Content of final report
• 48 Reporting officers entitled to reasonable assistance and facilities
and access to accounts
• 49 Reporting officers to submit financial statements and information to
Auditor-General

PART 6 - Miscellaneous

• 50 Delegations
• 51 Treasurer's Instructions
• 52 Power to borrow money
• 53 Investment and borrowing powers
• 54 Indemnities and guarantees
• 55 Ex gratia payments
• 56 Write-off of debts, &c.
• 57 Prosecution for offences
• 58 Copies of orders to be forwarded to Auditor-General
• 59 Regulations
• 60 Administration of Act
• 61 Savings and transitional provisions
• 62 Legislation repealed
• 63 Legislation rescinded
• 64 Legislation revoked
SCHEDULE 1 SCHEDULE 2 SCHEDULE 3 SCHEDULE 4 SCHEDULE 5

[ Note: This table has been automatically generated and may be incomplete. ]