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Financial Management and Accountability Act 1997 - Determination pursuant to subsection 20(4) (24/03/1998)

Authoritative Version
Determinations/Financial (Other) as made
This Determination abolishes the Political Exchange Program Reserve and transfers any reserve to the Consolidated Revenue Fund.
Administered by: Finance
General Comments: This Determination abolishes the Political Exchange Program, a component of the Reserved Money Fund established by section 20 of the Financial Management and Accountability Act 1997.
Exempt from sunsetting by the Financial Management and Accountability Act 1997 s 20(7)
Registered 07 Jun 2007
Date of repeal 19 Mar 2014
Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014

Determination pursuant to subsection 20(4) of the Financial

Management and Accountability Act 1997

 

 

 

I, Peter J Boxall, Secretary of the Department of Finance and Administration, delegate of the Minister for Finance and Administration, determine that the political Exchange Program, a component of the Reserved Money Fund established by section 20 of the Financial Management and Accountability Act 1997, shall be abolished on and from 1 July 1998.

 

Any amount in the component shall be transferred to the Consolidated Revenue Fund.

 

 

 

 

 

Peter J Boxall

24 March 1998