Treasury Regulations (Amendment)

Overview

The Statutory Rules 1913, No. 174, amends the Treasury Regulations under the Audit Act 1901–1912, addressing the specific issue of calculating salaries, wages, and allowances for officers and seamen of the Fisheries Investigation Vessel. Enacted by the Governor-General in Council, this legislative instrument aims to ensure a consistent method of pay calculation that supersedes previous regulations. This amendment provides for the computation of daily pay as one-thirtieth of the monthly rate, ensuring clarity and precision in financial transactions for personnel involved in fisheries investigation activities. The policy objective is to streamline and standardise the financial management practices within the Fisheries Investigation Vessel operations, thereby enhancing accountability and efficiency in the execution of governmental duties.

Scope and Application

The amendment to the Treasury Regulations under the Audit Act 1901–1912, specifically Statutory Rules 1913, No. 174, introduces a modification to Regulation 47, which concerns the computation of salaries, wages, and allowances for officers and seamen of the Fisheries Investigation Vessel. This legislative instrument applies to the officers and seamen of the Fisheries Investigation Vessel, and it provides a specific method of calculating their remuneration, deviating from the general calculation methods stipulated in the regulation. The amendment is effective immediately upon its enactment and pertains exclusively to the Commonwealth jurisdiction. There are no stated exclusions, exemptions, or thresholds in the amendment itself, though the broader applicability of the Audit Act and its regulations may impose certain conditions or limitations. This amendment is part of the broader administrative framework overseen by the Treasury and is not further extended or restricted by subordinate instruments in the text provided.

Key Provisions

The key operative sections of the Statutory Rules 1913, No. 174, focus on amending the Treasury Regulations under the Audit Act 1901–1912. Specifically, Regulation 47 is being amended to introduce a new method for calculating the salaries, wages, and allowances for officers and seamen of the Fisheries Investigation Vessel (Regulation 47(1)). This amendment states that regardless of the usual calculation method outlined in the regulation, each day's pay must be computed by considering it as one-thirtieth of the monthly rate. This amendment is intended to ensure a standardised and fair method of calculating remuneration for the specified personnel over any portion of a month. The Act imposes specific obligations on the relevant parties, primarily the Treasury and the officers responsible for the disbursement of salaries, wages, and allowances for the Fisheries Investigation Vessel. These obligations include adhering strictly to the new calculation method specified in Regulation 47, ensuring that each day's pay is correctly calculated as one-thirtieth of the monthly rate. This requirement aims to standardise the computation process and provide clarity and consistency in the financial dealings concerning the remuneration of these personnel. Failure to comply with the amended Regulation 47 could potentially lead to administrative discrepancies or financial mismanagement, although the document does not explicitly state any specific offences, penalties, or legal consequences for breaches. The implications of non-compliance might include inaccuracies in payroll processing, which could subsequently lead to financial discrepancies or disputes over correct remuneration. While the document does not outline specific penalties, any breaches could be subject to administrative review or corrective action to rectify the financial computations and ensure compliance with the regulation.