Federal Register of Legislation - Australian Government

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2009/17 Determinations/Financial (Other) as made
This Determination amends the Financial Management and Accountability Determination 2005/25 – Other Trust Moneys – Medicare Australia Special Account Establishment 2005 to vary the purposes and subsequently abolish the Other Trust Moneys – Medicare Australia Special 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).

The Other Trust Moneys - Medicare Australia Special 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 Other Trust Moneys – Medicare Australia Special 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 01 Jun 2009
Tabling HistoryDate
Tabled HR04-Jun-2009
Tabled Senate15-Jun-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Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014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 20 May 2009

Lindsay Tanner

 

1              Name of Determination

                This Determination is the Financial Management and Accountability Determination 2009/17 – Other Trust Moneys – Medicare Australia  Special 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 Financial Management and Accountability Determination 2005/25 – Other Trust Moneys – Medicare Australia Special Account Establishment 2005 which established the Other Trust Moneys – Medicare Australia Special Account.

4              Abolition

                The Other Trust Moneys – Medicare Australia Special 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 Other Trust Moneys – Medicare Australia Special Account reaches zero.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule 1        Variation

(section 3)

Do not delete : Schedule Part Placeholder

[1]           Clause 5

omit

 

The purposes of the Other Trust Moneys – Medicare Australia Special Account, in relation to which amounts may be debited from the Special Account, are:

(a)    disbursing amounts temporarily held on trust or otherwise for the benefit of a person other than the Commonwealth; and

(b)    to repay amounts where an Act or other law requires or permits the repayment of an amount received.

 insert

 

The purposes of the Other Trust Moneys – Medicare Australia Special Account, in relation to which amounts may be debited from the Special Account, are:

(a)    disbursing amounts temporarily held on trust or otherwise for the benefit of a person other than the Commonwealth;

(b)    to repay amounts where an Act or other law requires or permits the repayment of an amount received; and

(c)    to credit another Special Account to which amounts held on trust or otherwise for the benefit of a person other than the Commonwealth may be credited.