Victorian Consolidated Legislation

Financial Management Act 1994 - SECT 15

Accounts of departments

15. Accounts of departments



(1) A department may, with the approval in writing of the Minister, and in
accordance with such terms and conditions as the Minister determines, open and
maintain an account with an authorised deposit-taking institution or
institutions.

(2) Unless the Minister otherwise determines in writing, an account opened
under this section does not form part of the Public Account.



(3) Money must not be withdrawn from an account opened under this section
except in accordance with the regulations and directions.