Victorian Consolidated Legislation

Financial Management Act 1994 - SECT 54C

Powers of Board

54C. Powers of Board



(1) The Board has all the powers necessary to perform its functions.

(2) Without limiting subsection (1), the Board may-

   (a)  enter into contracts or arrangements on its own behalf, on behalf of
        the State or on behalf of departments;

   (b)  call and award tenders and advertise;

   (c)  consider and approve requisitions for the purchase of goods and
        services by departments;

   (d)  require accountable officers to audit departmental compliance with
        supply policies and Ministerial directions and provide audit reports
        to the Board;

   (e)  require accountable officers to provide information and data relating
        to the supply of goods and services and the management and disposal of
        goods;

   (f)  exercise any other powers conferred on the Board by this Act or the
        regulations.

(3) An accountable officer must provide to the Board on request-

   (a)  audit reports referred to in subsection (2)(d);

   (b)  information and data referred to in subsection (2)(e).