STATUTORY RULES.
1911. No. 120.
PROVISIONAL TREASURY REGULATION UNDER THE AUDIT ACTS 1901-1906.
I, THE GOVERNOR-GENERAL, in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby certify that, on account of urgency, the following amendment of the Treasury Regulations under the Audit Acts 1901-1906 should come into operation as from the 1st of July, 1911, and make the amendment to come into operation as from that date as a Provisional Regulation.
Dated this 1st day of August, One thousand nine hundred and eleven.
DENMAN,
Governor-General.
By His Excellency’s Command,
C. F. FRAZER,
For the Treasurer.
————
Treasury Regulation 47 to be repealed and the following substituted therefor:—
“47. In preparing accounts for salaries, wages, and allowances one month’s pay at an annual rate is to be calculated at one-twelfth of such annual rate. Salary for a portion of a half-year or of a quarter is to be computed as if payment were made by the month. Salary for a portion of a month is to be computed by multiplying the amount of the salary for the month by the number of days comprised in the period for which payment is to be made and dividing by the number of days in the month. Where the rate is a weekly one, wages for a portion of a week are to be computed by multiplying the amount of the wages for the week by the number of days for which payment is to be made and dividing by six, except in cases where the employment is for seven days in each week, when the amount is to be divided by seven. For the purpose of computing Sunday pay, one day’s salary shall be computed by dividing the annual rate by 313.”
Printed and Published for the Government of the Commonwealth of Australia by J. Kemp, Government Printer for the State of Victoria.
C.13104.—Price 3d.
Overview
Statutory Rules 1911 No. 120, enacted in 1911, constitutes a provisional regulation under the Audit Acts 1901-1906, designed to address the urgent need for adjustments in the calculation of salaries, wages, and allowances within the public sector. This regulation was introduced by the Governor-General in the Commonwealth of Australia, acting on the advice of the Federal Executive Council, to ensure that financial records accurately reflect payments for varying periods. The policy objective is to provide a precise methodology for calculating payments for partial periods, thereby enhancing the transparency and accuracy of financial reporting within the government.
Scope and Application
The Statutory Rules 1911 No. 120 represents a Provisional Treasury Regulation made under the Audit Acts 1901-1906, effective from July 1, 1911. This regulation specifically pertains to the computation and preparation of accounts for salaries, wages, and allowances within the Commonwealth of Australia. It applies to any entity or individual involved in the calculation of remuneration for employees within the public sector, ensuring uniformity and accuracy in financial documentation. The scope of this legislation encompasses all Commonwealth entities and employees, ensuring consistency in salary calculations across various departments and jurisdictions within the country. The regulation establishes precise methods for calculating monthly, half-yearly, quarterly, and daily pay rates, thus providing a clear framework for payroll accounting practices. This Provisional Regulation is subject to possible future amendments and extensions through subordinate instruments, ensuring that it can adapt to changing financial requirements and practices.
Key Provisions
The main operative sections of this Provisional Treasury Regulation under the Audit Acts 1901-1906, which came into effect on 1st July 1911, involve detailed provisions for the calculation of salaries, wages, and allowances. Regulation 47, which replaces the previous regulation of the same number, specifies the method for calculating one month's pay at an annual rate, stating it should be one-twelfth of the annual rate (Reg 47). It also details how to compute salaries for a portion of a half-year or a quarter, treating it as if payment were made monthly (Reg 47). For a portion of a month, the regulation requires the amount to be calculated by multiplying the monthly salary by the number of days in the period and dividing by the total number of days in the month (Reg 47). In cases where the rate is weekly, the amount for a portion of the week is computed by multiplying the weekly wage by the number of days and dividing by six, unless the employment is for seven days a week, in which case it is divided by seven (Reg 47). Additionally, for computing Sunday pay, one day’s salary is calculated by dividing the annual rate by 313 (Reg 47).
This regulation imposes specific obligations on the parties involved in the preparation and calculation of salaries, wages, and allowances. It mandates that the calculations be made in accordance with the precise methods outlined in Regulation 47, ensuring consistency and accuracy in financial reporting and payments. This includes the precise computation of monthly, half-yearly, quarterly, daily, and weekly pay rates, including special provisions for Sunday pay. These obligations are essential to ensure that all payments are correctly calculated and that financial records accurately reflect the remuneration paid to employees or other recipients.
Breach of these regulations could lead to various consequences, although specific offences and penalties are not detailed in this Provisional Regulation. However, it is implied that failure to comply with these detailed calculation methods could result in inaccuracies in financial reporting, which might lead to administrative penalties or corrections. While the regulation does not explicitly state the penalties for non-compliance, the importance of accurate financial calculations suggests that deviations could have significant administrative or financial repercussions for the entities involved.