Federal Register of Legislation - Australian Government

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2009/01 Determinations/Financial (Other) as made
This Determination varies the Financial Management and Accountability Act 1997 - Initial Determination to Establish Components of the Reserved Money Fund (31/12/1997) and sets out the conditions under which the Young Endeavour Youth Program Operating Fund Account will be abolished.
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 Young Endeavour Youth Program Operating Fund 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 Young Endeavour Youth Program Operating Fund 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 11 Feb 2009
Tabling HistoryDate
Tabled HR12-Feb-2009
Tabled Senate12-Feb-2009
Date of repeal 19 Mar 2014
Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014

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

Dated January 28th 2009

Lindsay Tanner

 


1              Name of Determination

                This Determination is the Financial Management and Accountability Determination 2009/01 — Young Endeavour Youth Program Operating Fund Account Variation and Abolition 2009.

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

                Schedule 1 varies the determination entitled Initial Determination to Establish Components of the Reserved Money Fund which established, among others, the Young Endeavour Youth Program Operating Fund Account.

4              Abolition

                The Young Endeavour Youth Program Operating Fund 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 Young Endeavour Youth Program Operating Fund Account reaches zero.

 


Schedule 1        Variation

(section 3)

Do not delete : Schedule Part Placeholder

[1]           Determination, attachment, Department of Defence, item for Young Endeavour Youth Program Operating Fund Reserve, second column

omit

For expenditure in relation to:

(1)                      the payment to suppliers or a notional payment to the Official Public Account of moneys due in connection with the operation and activities of the STS Young Endeavour;

(2)                      the payment of refunds to persons entitled to such refunds in connection with the operation and activities of the STS Young Endeavour; and

(3)                      the payment of moneys as specified by the Young Endeavour Youth Program Board of Management, for purposes relating to the operation of the Young Endeavour, or by the Commonwealth.

insert

For expenditure in relation to:

(1)                      The payment to suppliers or a notional payment to the Official Public Account of moneys due in connection with the operation and activities of the STS Young Endeavour.

(2)                      The payment of refunds to persons entitled to such refunds in connection with the operation and activities of the STS Young Endeavour.

(3)                      The payment of moneys as specified by the Young Endeavour Youth Program Board of Management, for purposes relating to the operation of the STS Young Endeavour, or by the Commonwealth.

(4)                      Crediting amounts to the Young Endeavour Youth Program Special Account.