Treasury Regulations (Amendment)

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STATUTORY RULES.

1959. No. 9.

 

REGULATION UNDER THE AUDIT ACT 1901-1957.*

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the Audit Act 1901-1957.

Dated this twentieth day of February, 1959.

W. J. SLIM

Governor-General.

By His Excellencys Command,

HAROLD HOLT

Treasurer.

 

AMENDMENT OF THE TREASURY REGULATIONS.

Requisitions to be limited to supplies in contracts.

Regulation 47 of the Treasury Regulations is amended by omitting sub-regulation (3.) and inserting in its stead the following sub-regulations:—

(3.) Where there is no contract and the amount involved in a purchase exceeds Twenty-five pounds, at least three representative quotations shall, whenever possible, be obtained unless tenders are publicly invited.

(4.) Where the amount involved in a purchase exceeds Twenty-five pounds but does not exceed Fifty pounds, a quotation obtained under the last preceding sub-regulation in respect of that purchase may be oral or in writing, but, in the case of an oral quotation, the details of the quotation shall be recorded in the appropriate Departmental file.

(5.) Where the amount involved in a purchase exceeds Fifty pounds, each quotation obtained under sub-regulation (3.) of this regulation in respect of that purchase shall be in writing..

 

*Notified in the Commonwealth Gazette on 26 February 1959.

Statutory Rules 1942, No. 523, as amended by Statutory Rules 1943, No.32; and 1953, No.3.

 

By Authority: A. J. ARTHUR, Commonwealth Government Printer, Canberra.

8218/58.—PRICE 3D.

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