Federal Register of Legislation - Australian Government

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2005/37 Determinations/Financial (Other) as made
The attached instrument makes a determination under section 20 of the Financial Management and Accountability Act 1997 (FMA Act) to vary and subsequently abolish the Consular Services Account.
Administered by: Finance
General Comments: This Determination takes effect on the day immediately after the last day on which a House of Parliament could have passed a resolution disallowing it (see s 22(4) of the Financial Management and Accountability Act 1997).
Exempt from sunsetting by the Financial Management and Accountability Act 1997 s 20(6), Financial Management and Accountability Act 1997 s 20(7)
Registered 30 Sep 2005
Tabling HistoryDate
Tabled Senate05-Oct-2005
Tabled HR10-Oct-2005
Date of repeal 19 Mar 2014
Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014

I, NICK MINCHIN, Minister for Finance and Administration, make this Determination under subsections 20 (2) and (3) of the Financial Management and Accountability Act 1997.

Dated 14 September 2005

Nick Minchin

 


1              Name of Determination

                This Determination is the Financial Management and Accountability Determination 2005/37 — Consular Services Account Variation and Abolition 2005.

2              Commencement

                This Determination commences at the time at which subsection 22 (4) of the Financial Management and Accountability Act 1997 is complied with.

Note   This Determination takes effect in accordance with section 22 of the Financial Management and Accountability Act 1997. The Parliament must consider the Determination before it can take effect, and either House may pass a resolution disallowing the Determination. If neither House passes such a resolution, the Determination takes effect on the day immediately after the last day upon which such a resolution could have been passed.

3              Variation of Determination to Establish Components of the Reserved Money Fund

                Schedule 1 varies the Initial Determination to Establish Components of the Reserved Money Fund that included the establishment of the Consular Services Reserve.

Note   Section 5 of the Financial Management Legislation Amendment Act 1999 changed ‘Reserve’ to ‘Account’ in the titles of all Components of the Reserved Money Fund

4              Abolition of Consular Services Account

                The Consular Services Account is abolished with effect from the time at which:

(a)            Schedule 1 has taken effect; and

(b)           the balance of the appropriation for the Consular Services Account reaches zero.

 


Schedule 1        Variation

(section 3)

Do not delete : Schedule Part Placeholder

[1]           Determination, attachment, Department of Foreign Affairs and Trade, item for Consular Services Reserve, second column

omit

For expenditure on behalf of Australian citizens overseas in circumstances of urgency where recourse to the international banking system is inappropriate.

insert

(1)   For expenditure on behalf of Australian citizens overseas in circumstances of urgency where recourse to the international banking system is inappropriate.

(2)   To credit amounts to the Consular Services Special Account.