Commonwealth Numbered Regulations - Explanatory Statements

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FINANCIAL MANAGEMENT AND ACCOUNTABILITY REGULATIONS (AMENDMENT) 1998 NO. 65

EXPLANATORY STATEMENT

STATUTORY RULES 1998 No. 65

Issued by the authority of the Minister for Finance and Administration

Financial Management and Accountability Act 1997

Financial Management and Accountability Regulations (Amendment)

The attached Statutory Rules make regulations under subsection 65(1) of the Financial Management and Accountability Act 1997 to amend the Financial Management and Accountability Regulations.

The amendments are to the Schedule to the regulations which lists the Agencies which are prescribed for the purposes of the definition of "Agency" in section 5 of the Act. In addition to Departments of State and Departments of the Parliament, section 5 of the Act includes in the definition of "Agency", "a prescribed Agency", being an organisational unit which is to be regarded, for the purposes of the Act as a separate Agency from the Department of State within the portfolio. Regulation 5 prescribes all such Agencies by reference to the Schedule to the regulations. The Schedule names those Agencies, defines the persons which they comprise and specifies the Agency Chief Executive.

Details of the regulations are as follows:

Regulation 1

This provides that the amendments commence on gazettal.

Regulation 2

This provides that the Financial Management and Accountability Regulations are amended as set out in regulation 3.

Regulation 3

Subregulation 3.1 inserts a new Item 111A in the Schedule to make the newly created Australian Greenhouse Office a prescribed Agency. The Office has been created to administer the Government's programmes aimed at reduction of greenhouse gas emissions.

Subregulations 3.2 and 3.3 amend Item 114 of the Schedule, which covers the Australian National Audit Office, to correct references to sections of the Auditor-General Act 1997 covering staff employed under the Public Service Act 1922 and contractors engaged under section 27 of the Auditor-General Act 1997.


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