FINANCIAL MANAGEMENT ACT 2006 - SECT 8
FINANCIAL MANAGEMENT ACT 2006 - SECT 8
8 . Consolidated Account
(1) The Consolidated
Fund established under the Constitution Act 1889 and in existence immediately
before the commencement of this section constitutes the Consolidated Account
for the purposes of this Act.
(2) There is to be
credited to the Consolidated Account all public money or statutory authority
money required by or under this Act or another written law to be credited to
the Consolidated Account.
(3) There may be
credited to the Consolidated Account any grants, advances, contributions,
repayments or other amounts as —
(a)
determined by the Treasurer; or
(b)
prescribed by the regulations for the purposes of this subsection.