Financial Management and Accountability Determination 2007/06 CSS Special Account Variation and Abolition 2007 (Cth)

Financial Management and Accountability Determination 2007/06 — CSS Special Account Variation and Abolition 2007

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 12 June 2007

Nick Minchin

Minister for Finance and Administration

1              Name of Determination

This Determination is the Financial Management and Accountability Determination 2007/06 — CSS Special Account Variation and Abolition 2007.

2              Commencement

This Determination commences at the latter of:

(a)the time at which subsection 22 (4) of the Financial Management and Accountability Act 1997 is complied with;

(b)the commencement of the Financial Management and Accountability Determination 2007/04 — Australian Reward Investment Alliance Special Account Establishment 2007.

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 Determination by the Minister for Finance and Administration under section 20 of the Financial Management and Accountability Act 1997 made on 14 June 2002, that established the CSS Special Account, with effect from the commencement of the Financial Management and Accountability Determination 2007/04 — Australian Reward Investment Alliance Special Account Establishment 2007.

4              Abolition

The CSS Special 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 CSS Special Account reaches zero.

Schedule 1        Variation

(section 3)

[1]           Section 2

omit