Financial and Performance Management Amendment Standard (No. 1) 2011 (Qld)

Queensland Financial and Performance Management Amendment Standard (No. 1) 2011 Subordinate Legislation 2011 No. 153 made under the FinancialAccountabilityAct2009 Contents Page 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 Commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Standard amended. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 4 Amendment of s 28 (Risk management) . . . . . . . . . . . . . . . . . . . 2 5 Amendment of s 42 (Preparation of annual financial statements of departments) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 6 Amendment of s 43 (Preparation of annual financial statements of statutory bodies). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 7 Amendment of s 45 (Timing for giving annual financial statements to auditor-general) . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 8 Amendment of s 46 (Statutory body to consider auditor-general’s report and comments, observations and suggestions) ................................. 4

Financial and Performance Management Amendment Standard (No. 1) 2011 [s 1] 1 Short title This standard may be cited as the Financial and Performance Management Amendment Standard (No. 1) 2011 . 2 Commencement This standard commences immediately after the Parliamentary Service and Other Acts Amendment Act 2011 , part 3 commences. 3 Standard amended This standard amends the Financial and Performance Management Standard 2009. 4 Amendment of s 28 (Risk management) Section 28(4), ‘called,’— omit, insert — ‘called’. 5 Amendment of s 42 (Preparation of annual financial statements of departments) (1) Section 42(3), ‘auditor-general’— omit, insert — ‘authorised auditor for the department’. (2) Section 42(4)(a), before ‘the auditor-general or’— insert — ‘the authorised auditor,’. 6 Amendment of s 43 (Preparation of annual financial statements of statutory bodies) (1) Section 43(3), ‘auditor-general’— omit, insert — Page 2 2011 SL No. 153

Financial and Performance Management Amendment Standard (No. 1) 2011 [s 7] ‘authorised auditor for the statutory body’. (2) Section 43(4)(a), before ‘the auditor-general or’— insert — ‘the authorised auditor,’. 7 Amendment of s 45 (Timing for giving annual financial statements to auditor-general) (1) Section 45(1)(a), ‘auditor-general’— omit, insert — ‘authorised auditor for the department’. (2) Section 45(1)(b), ‘auditor-general’— omit, insert — ‘authorised auditor for the statutory body’. (3) Section 45(2), ‘auditor-general’— omit, insert — ‘authorised auditor’. (4) Section 45(3), ‘auditor-general’— omit, insert — ‘authorised auditor’. (5) Section 45(4), ‘auditor-general’— omit, insert — ‘authorised auditor’. (6) Section 45(5), ‘to the auditor-general’— omit, insert — ‘to the authorised auditor’. (7) Section 45(8), ‘auditor-general’— omit, insert — ‘authorised auditor’. 2011 SL No. 153 Page 3

Financial and Performance Management Amendment Standard (No. 1) 2011 [s 8] 8 Amendment of s 46 (Statutory body to consider auditor-general’s report and comments, observations and suggestions) (1) Section 46, heading, ‘auditor-general’s’— omit, insert — ‘ authorised auditor’s ’. (2) Section 46(1), ‘the auditor-general’— omit, insert — ‘the authorised auditor for the statutory body’. (3) Section 46(1), ‘auditor-general’s’— omit, insert — ‘authorised auditor’s’. ENDNOTES 1 Made by the Treasurer and Minister for State Development and Trade on 11 August 2011. 2 Notified in the gazette on 15 August 2011. 3 Laid before the Legislative Assembly on . . . 4 The administering agency is the Treasury Department. © State of Queensland 2011 Page 4 2011 SL No. 153