Victorian Consolidated Legislation

Financial Management Act 1994 - SECT 23

Departmental Working Accounts

23. Departmental Working Accounts



(1) The Minister may establish a Trust Account in the Trust Fund as a Working
Account for each nominated department.

(2) There shall be paid into the Working Account of a nominated department
amounts equal to amounts received from the provision of outputs by the
nominated department to the extent, and on the conditions, agreed between the
Minister administering this section and the Minister responsible for the
nominated department.





(3) For the purposes of the payment of an amount of money into a Working
Account under subsection (2)-

   (a)  an amount equal to that amount of money is deemed to have been
        appropriated to that Account; and

   (b)  the Minister may issue the amount out of the Consolidated Fund and
        apply it for the purpose of that Account.

(4) Money in the Working Account of a nominated department may be expended for
the provision of such outputs by the nominated department, and on such
conditions, as are agreed between the Minister administering this section and
the Minister responsible for the nominated department.

(5) In this section, nominated department means a department, or part of a
department, that-

   (a)  provides outputs to the public or an authority or public body; and



   (b)  receives fees for those outputs that, in the opinion of the Minister,
        are not less than the cost of providing the outputs; and

   (c)  is declared by the Minister to be a nominated department for the
        purposes of this section.

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