Financial Management and Accountability Determination 2005/33 - Australia-Indonesia Institute Account Variation and Abolition 2005 (Cth)

Financial Management and Accountability Determination 2005/33 — Australia-Indonesia Institute Account Variation and Abolition 2005

I, NICK MINCHIN, Minister for Finance and Administration, make this Determination under subsections 20 (2) and (3) of the Financial Management and Accountability Act 1997.

Dated 14 September 2005

Signed – Nick Minchin

Minister for Finance and Administration

1              Name of Determination

This Determination is the Financial Management and Accountability Determination 2005/33 — Australia-Indonesia Institute Account Variation and Abolition 2005.

2              Commencement

This Determination commences at the time at which subsection 22 (4) of the Financial Management and Accountability Act 1997 is complied with.

Note   This Determination takes effect in accordance with section 22 of the Financial Management and Accountability Act 1997. The Parliament must consider the Determination before it can take effect, and either House may pass a resolution disallowing the Determination. If neither House passes such a resolution, the Determination takes effect on the day immediately after the last day upon which such a resolution could have been passed.

3              Variation of Determination to Establish Components of the Reserved Money Fund

Schedule 1 varies the Initial Determination to Establish Components of the Reserved Money Fund that included the establishment of the Australia-Indonesia Institute Account.

4              Abolition of Australia-Indonesia Institute Account

The Australia-Indonesia Institute Account is abolished with effect from the time at which:

(a)Schedule 1 has taken effect; and

(b)the balance of the appropriation for the Australia-Indonesia Institute Account reaches zero.

Schedule 1        Variation

(section 3)

[1]           Determination, attachment, Department of Foreign Affairs and Trade, item for Australia-Indonesia Institute Reserve, second column

omit

For expenditure:

(1)to promote within Australia and Indonesia a greater awareness of each other's country;

(2)to enlarge contact and exchange between Australia and Indonesia; and

(3)to provide a focus for information and a source of advice in relations with Indonesia and the Indonesian people.

insert

For expenditure:

(1)to promote within Australia and Indonesia a greater awareness of each other's country;

(2)to enlarge contact and exchange between Australia and Indonesia; and

(3)to provide a focus for information and a source of advice in relations with Indonesia and the Indonesian people.

(4)to credit amounts to the Australia-Indonesia Institute Special Account.