Financial Management and Accountability Determination 2006/67 Australian Building Codes Board Account Variation and Abolition 2006 (Cth)

Financial Management and Accountability Determination 2006/67 — Australian Building Codes Board 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   11 October 2006

Nick Minchin

Minister for Finance and Administration

1              Name of Determination

This Determination is the Financial Management and Accountability Determination 2006/67 — Australian Building Codes Board 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 Australian Building Codes Board Account

4              Abolition

The Australian Building Codes Board 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 Australian Building Codes Board Account  reaches zero.

Schedule 1        Variation

(section 3)

[1]           Determination, attachment, Department of Industry, Science & Tourism, item for Australian Uniform Building Regulations Reserve, second column

omit

For the purpose of the expenditure for research, investigation and development (including the engagement of consultants) and the dissemination of information directed towards the achievement and maintenance of uniform building regulations; development of a national system of accreditation; and development of comparable legislative control procedures in the building approval process among the States and Territories.

insert

(1) For the purpose of the expenditure for research, investigation and development (including the engagement of consultants) and the dissemination of information directed towards the achievement and maintenance of uniform building regulations; development of a national system of accreditation; and development of comparable legislative control procedures in the building approval process among the States and Territories.

(2) To credit amounts to the Australian Building Codes Board Special Account.