Financial Management and Accountability Determination 2009/33 – Australian Geological Survey Organisation Account Variation and Abolition 2009 (Cth)

Financial Management and Accountability Determination 2009/33 – Australian Geological Survey Organisation Account Variation and Abolition 2009

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

Dated November 11^th 2009

Lindsay Tanner

Minister for Finance and Deregulation

1              Name of Determination

This Determination is the Financial Management and Accountability Determination 2009/33 – Australian Geological Survey Organisation Account Variation and Abolition 2009.

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, made on 31 December 1997, which established, among others, the Australian Geological Survey Organisation Account.

4              Abolition

The Australian Geological Survey Organisation 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 Geological Survey Organisation Account reaches zero.

Schedule 1        Variation

(section 3)

[1]           Determination, attachment, Department of Primary Industries & Energy, item for the Australian Geological Survey Organisation Reserve, second column

omit

For expenditure on agreed research projects and other program activities performed in conjunction with, or for private or other entities.

insert

For expenditure relating to:

(1)agreed research projects and other program activities performed in conjunction with, or for private or other entities; and

(2)crediting amounts to the Joint Australian U.S. Geological and Geophysical Research Station Special Account.