FINANCIAL MANAGEMENT ACT 2006 - SECT 32

FINANCIAL MANAGEMENT ACT 2006 - SECT 32

32 .         Certain payments and transfers to be authorised

        (1)         Unless otherwise expressly provided by the Treasurer’s instructions, a regulated payment or regulated transfer may be made only if the payment or transfer is authorised in the manner prescribed by the Treasurer’s instructions.

        (2)         In subsection (1) —

        regulated payment means —

            (a)         a payment that is to be charged to an account forming part of the Public Ledger; or

            (b)         a payment made by an agency, whether to another agency or otherwise;

        regulated transfer means —

            (a)         a transfer between accounts forming part of the Public Ledger; or

            (b)         a transfer between agency special purpose accounts operated by the same agency.