Finance Regulations (Amendment)

Legislation au C2004L00867 Regulations Not in force Legislative Instrument

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EXPLANATORY STATEMENT

STATUTORY RULES No 19 OF 1989

ISSUED BY THE AUTHORITY OF THE MINISTER FOR FINANCE

The attached Statutory Rules amend Finance Regulation 6A which was made under subsection 71(1) of the Audit Act 1901.

The amendment declares the Australian Industrial Registry to be a “prescribed authority” for the purposes of the Audit Act 1901. This means that the authority comes within the definitions of “Department” in section 2 of the Audit Act 1901, subregulation 4(1) of the Finance Regulations and regulation 2 of the Finance (Overseas) Regulations. The Registry is, therefore, subject to the Audit Act 1901 and its subsidiary legislation independently of the financial control of the Department of the Minister to whom it is responsible (i.e. the Department of Industrial Relations).

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