FINANCIAL MANAGEMENT ACT 2006 - SECT 17

FINANCIAL MANAGEMENT ACT 2006 - SECT 17

17 .         Special purpose statements and trust statements for accounts, preparation of etc.

        (1)         The accountable authority of an agency is to prepare —

            (a)         a special purpose statement for a special purpose account operated by the agency that is referred to in section 10(a) or 16(1)(d); and

            (b)         a trust statement for a special purpose account operated by the agency that is referred to in section 10(f) or 16(1)(c).

        (2)         A special purpose statement or a trust statement is to contain the information prescribed by the Treasurer’s instructions for the special purpose account concerned.

        (3)         The accountable authority is to send the special purpose statement or trust statement to the Treasurer.

        (4)         When the Treasurer approves the special purpose statement or trust statement, the accountable authority is to send a copy of it to the Auditor General.