Statutory Rules 1988 No. 130¹

Audit Regulations² (Amendment)

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

Dated 17 June 1988.

N. M. STEPHEN

Governor-General

By His Excellency’s Command,

PETER WALSH

Minister of State for Finance

Schedule 1

Schedule 1 to the Audit Regulations is amended:

(a) by inserting after item 4 in Part I the following item:

“5 Canberra Institute of the Arts                                              3                      V”;

(b) by inserting after Part IV the following part:

“PART V

MODIFICATION OF DIVISION 3—CANBERRA INSTITUTE OF THE ARTS

1. Add at the end of section 63k the following subsection:

‘(2) In this section:

(a) a reference to moneys includes a reference to trust money;

(b) a reference to transactions and affairs includes a reference to transactions and affairs relating to trust money or trust property; and

(c) a reference to assets includes a reference to trust property.’.

(S.R. 88/88) —Cat. No.                                                                                                                              16/18.4.1988

2. Add at the end of section 63l the following subsection:

‘(8) In this section:

(a) a reference to moneys includes a reference to trust money;

(b) a reference to transactions includes a reference to transactions relating to trust money or trust property; and

(c) a reference to assets includes a reference to trust property.’.

3. Omit from subsection 63m (1) ‘30 June’, insert ‘31 December’.”; and

(c) by omitting clause 2 in Part IX.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 24 June 1988.

2. Statutory Rules 1979 No. 284 as amended to date. For previous amendments see Note 2 to Statutory Rules 1988 No. 4 and see also Statutory Rules 1988 No. 4.

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