[Browse Databases] [Alphabetical Index] ['Fi' Index]
[Download Act] [Search Act]

---

FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997 !!!The following amendment (No. 30, 2006) has not been incorporated. - List of Sections

Section

Compilation Information

Reader's guide

Long Title

FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Part 1—Preliminary

1. Short title [ see Note 1]
2. Commencement [ see Note 1]
3. This Act binds the Crown
4. This Act extends to things outside Australia
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Part 2—General provisions about definitions and offences

5. Definitions
6. Notional payments and receipts by Agencies
7. Offences
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Part 3—Collection, custody etc. of public money

8. Agreements with banks about receipt, transmission etc. of public money
9. Official bank accounts
10. Public money must be promptly banked etc.
11. Public money not to be paid into non-official account
12. Finance Minister's authority needed for arrangements for receipt etc. of public money by outsiders
13. Money not to be withdrawn from official account without authority
14. Misapplication or improper use of public money
15. Liability for loss of public money
16. Special Instructions by Finance Minister about handling etc. of special public money
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Part 4—Accounting, appropriations and payments

FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Division 1—Accounts and records in relation to public money


19. Accounts and records in relation to public money
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Division 1A—Special Accounts


20. Establishment of Special Accounts by Finance Minister
21. Special Accounts established by other Acts
22. Disallowance of determinations relating to Special Accounts
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Division 2—Drawing rights


26. Drawing rights required for payment etc. of public money
27. Issue of drawing rights
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Division 3—Appropriations


28. Appropriation for repayments required or permitted by law
30. Appropriation to be reinstated for amounts repaid
30A. Appropriations to take account of recoverable GST
31. Agreements for "net appropriations"
32. Adjustment of appropriations on change of Agency functions
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Division 4—Miscellaneous


33. Finance Minister may approve act of grace payments
34. Finance Minister may waive debts etc.
35. Finance Minister may approve payments pending probate etc.
36. Presiding Officers may approve expenditure
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Part 5—Borrowing and investment

37. Unauthorised borrowing agreements are invalid
38. Finance Minister may borrow for short periods
39. Investment of public money
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Part 6—Control and management of public property

40. Custody etc. of securities
41. Misapplication or improper use of public property
42. Liability for loss etc. of public property
43. Gifts of public property
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Part 7—Special responsibilities of Chief Executives

44. Promoting efficient, effective and ethical use of Commonwealth resources
45. Fraud control plan
46. Audit committee
47. Recovery of debts
48. Accounts and records
49. Annual financial statements
50. Additional financial statements and information
51. Reporting requirements on change of Agency functions
52. Chief Executive's instructions
53. Chief Executive may delegate powers
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Part 8—Reporting and audit

54. Finance Minister must publish monthly financial statements
55. Preparation of annual statements by Finance Minister
56. Audit of Finance Minister's annual financial statements
57. Audit of annual financial statements of Agency
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Part 9—Miscellaneous

58. Modifications of Act for intelligence or security agency
59. Advisory Committees for reporting on large waivers etc.
60. Misuse of Commonwealth credit card
62. Finance Minister may delegate powers
62A. Treasurer may delegate powers
63. Finance Minister's Orders
64. Guidelines by Ministers
65. Regulations
FINANCIAL MANAGEMENT AND ACCOUNTABILITY ACT 1997
Notes to the Financial Management and Accountability Act 1997

Table A

---

[Browse Databases] [Alphabetical Index] ['Fi' Index]
[Download Act] [Search Act] [Back to top]