Financial Management and Accountability Amendment Regulations 1999 (No. 3) (Cth)

Financial Management and Accountability Amendment Regulations 1999 (No. 3)

Statutory Rules 1999 No. 107

I, WILLIAM PATRICK DEANE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations under theFinancial Management and Accountability Act 1997.

Dated 9 June 1999.

WILLIAM DEANE

Governor-General

By His Excellency’s Command,

JOHN FAHEY

Minister for Finance and Administration

Financial Management and Accountability Amendment Regulations 1999 (No. 3)1

Statutory Rules 1999 No. 1072

made under the

Financial Management and Accountability Act 1997

   

Contents

Page

• •
• •

 

Do not delete: Part placeholder

Do not delete: Division placeholder

1Name of regulations

 These regulations are the Financial Management and Accountability Amendment Regulations 1999 (No. 3).

2Commencement

 These regulations commence as follows:

• (a)

  on gazettal — regulations 1 to 3 and Schedule 1;

• (b)

  on 1 July 1999 — Schedule 2.

3Amendment of Financial Management and Accountability Regulations 1997

 Schedules 1 and 2 amend the Financial Management and Accountability Regulations 1997.

Schedule 1Amendments commencing on gazettal

 (regulation 3)

Do not delete: Schedule Part placeholder

[1]Schedule 1, Part 1, item 129

omit the first mention of

National Capital Planning Authority

insert

National Capital Authority

[2]Schedule 1, Part 1, item 129, paragraph (a)

omit

National Capital Planning

Schedule 2Amendments commencing on 1 July 1999

(regulation 3)

Do not delete: Schedule Part placeholder

[1]Regulation 3, heading

substitute

3Definitions

[2]Regulation 3, definition of official advance

substitute

Treasury Chief Executive means the Secretary to the Department of the Treasury.

[3]Part 5

omit

[4]Regulation 22

substitute

22Investment of public money

 For subparagraphs (a) (iv) and (b) (v) of the definition of authorised investment in subsection 39 (10) of the Act, the other forms of investment are:

• (a)

  a bill of exchange accepted or endorsed only by a bank; and

• (b)

  a professionally managed money market trust if the Minister or the Treasurer is satisfied that:

  • (i)

    the only investments managed by the trust are mentioned in subparagraph (a) (i) or (ii), or (b) (i) or (ii), of the definition of authorised investment in subsection 39 (10) of the Act, or in paragraph (a); and

  • (ii)

    a charge over trust assets does not support any borrowings by the trust.

[5]Subregulation 24 (1)

substitute

• (1)

  The Finance Minister may delegate to an official, by signed instrument, any of the Finance Minister’s powers or functions under these regulations.

[6]After regulation 24

insert

24ATreasurer may delegate powers

• (1)

  The Treasurer may delegate to an official, by signed instrument, any of the Treasurer’s powers or functions under these regulations.

• (2)

  In exercising powers and functions under a delegation, the official must comply with any directions of the Treasurer.

[7]Subregulation 25 (1)

substitute

• (1)

  The Finance Chief Executive may delegate to an official, by signed instrument, any of the Financial Chief Executive’s powers or functions under these regulations.

[8]After regulation 25

insert

25ATreasury Chief Executive may delegate powers

• (1)

  The Treasury Chief Executive may delegate to an official, by signed instrument, any of the Treasury Chief Executive’s powers or functions under these regulations.

• (2)

  In exercising powers and functions under a delegation, the official must comply with any directions of the Treasury Chief Executive.

[9]Subregulation 26 (1)

substitute

• (1)

  The Chief Executive of an agency may delegate to an official, by signed instrument, any of the Chief Executive’s powers or functions under these regulations (including powers delegated to the Chief Executive by the Finance Minister or the Finance Chief Executive).

[10]Schedule 1, Part 1, after item 111

insert

111AAA Australian Geological Survey Organisation (AGSO), comprising: (a) the person occupying, or performing the duties of, the office known as the Chief Executive of AGSO; and (b) the person appointed or employed under the Public Service Act 1922 to assist the Chief Executive Chief Executive of AGSO

[11]Schedule 1, Part 1, after item 128A

insert

128AB Migration Review Tribunal (MRT), comprising: (a) the Principal Member, and other members mentioned in section 395 of the Migration Act 1958; and (b) the officers of the Tribunal mentioned in section 407 of the Migration Act 1958 Principal Member of the MRT

[12]Schedule 1, Part 1, after item 142

insert

143 Refugee Review Tribunal (RRT), comprising: (a) the Principal Member, and other members mentioned in section 458 of the Migration Act 1958; and (b) the officers of the Tribunal mentioned in section 472 of the Migration Act 1958 Principal Member of the RRT

Notes

1. These regulations amend Statutory Rules 1997 No. 328, as amended by 1998 Nos. 65, 112, 122, 261, 289 and 333; 1999 Nos. 44 and 45.

2. Made by the Governor-General on 9 June 1999, and notified in the Commonwealth of Australia Gazette on 17 June 1999.