EXPLANATORY STATEMENT
STATUTORY RULES No 118 of 1990
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 Act).
The amendment declares the Human Rights and Equal Opportunity Commission and the Industry Commission to be prescribed authorities for the purposes of the Act. This means that the Commissions come within the definition of “Department” in section 2 of the Act, subregulation 4(1) of the Finance Regulations and regulation 2 of the Finance (Overseas) Regulations. As a prescribed authority each Commission will operate in matters of financial administration independently of its Minister’s Department.