Financial Management and Accountability Determination 2006/19 — Standing Committee on Recreation and Sport Consultant Account Variation and Abolition 2006 (Cth)

Financial Management and Accountability Determination 2006/19 — Standing Committee on Recreation and Sport Consultant Account Variation and Abolition 2006

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     26 JULY 2006

Nick Minchin

Minister for Finance and Administration

1              Name of Determination

This Determination is the Financial Management and Accountability Determination 2006/19 — Standing Committee on Recreation and Sport Consultant Account Variation and Abolition 2006.

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

Schedule 1 varies the determination entitled Initial Determination to Establish Components of the Reserved Money Fund which established, among others, the Standing Committee on Recreation and Sport Consultant Account.

4              Abolition

The Standing Committee on Recreation and Sport Consultant 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 Standing Committee on Recreation and Sport Consultant Account reaches zero.

Schedule 1        Variation

(section 3)

[1]           Determination, attachment, Department of Industry, Science & Tourism, item for Standing Committee on Recreation & Sport Consultant Reserve, second column

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For expenditure on pilot studies, specialist technical advice and programs and projects initiated by the Sport and recreation Ministers' Council and its subordinate body, the Standing Committee on recreation and sport, the cost of which will be met jointly by the Commonwealth, States and Territories.

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(1) For expenditure on pilot studies, specialist technical advice and programs and projects initiated by the Sport and Recreation Ministers' Council and its subordinate body, the Standing Committee on Recreation and Sport, the cost of which will be met jointly by the Commonwealth, States and Territories.

(2) To credit amounts to the Sport and Recreation Special Account.