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Financial Management and Accountability Determination 2004/19 — Media Commissions Account Variation and Abolition 2004

Authoritative Version
2004/19 Determinations/Financial (Other) as made
This determination is required in order to vary the purposes of the Media Commissions Account prior to its abolition, to enable amounts to be credited to the Media Commissions Special Account, which will be used for activities related to processing media commissions through the Central Advertising System.
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). The Media Commissions 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 Campaign Account reaches zero.
Exempt from sunsetting by the Financial Management and Accountability Act 1997 s 20(6), Financial Management and Accountability Act 1997 s 20(7)
Registered 18 Jan 2007
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Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014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 19 November 2004

Nick Minchin

 

1              Name of Determination

                This Determination is the Financial Management and Accountability Determination 2004/19 — Media Commissions Account Variation and Abolition 2004.

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.

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

                Schedule 1 varies the Determination to Establish Components of the Reserved Money Fund that included the establishment of the Media Commissions Account.

3              Abolition of Media Commissions Account

                The Media Commissions Account is abolished with effect from the time, after Schedule 1 takes effect, at which the balance of the appropriation for the Media Commissions Account reaches zero.

Schedule 1        Variation

(section 2)

Do not delete : Schedule Part Placeholder

[1]           Determination, attachment

after

For expenditure to transfer media commissions through the central advertising system to advertising agencies.

insert

To credit amounts to the Media Commissions Special Account.