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Financial Management and Accountability (Abolition of 3 Special Accounts) Determination 2011/15

Authoritative Version
2011/15 Determinations/Financial (Other) as made
This Determination abolishes three Special Accounts which are no longer required.
Administered by: Finance
General Comments: The Other Trust Moneys Account contained in the Financial Management and Accountability Act 1997 - Initial Determination to Establish Components of the Reserved Money Fund (31/12/1997), The Australian Reward Investment Alliance Special Account contained in the Financial Management and Accountability Determination 2007/04 - Australian Reward Investment Alliance Special Account Establishment 2007 and the Commonwealth Superannuation Administration Special Account contained in the Financial Management and Accountability Determination 2007/02 - Commonwealth Superannuation Administration Special Account Establishment 2007 are abolished with effect from 27 August 2011.
Exempt from sunsetting by the Financial Management and Accountability Act 1997 s 20(7)
Registered 26 Aug 2011
Tabling HistoryDate
Tabled HR12-Sep-2011
Tabled Senate12-Sep-2011
Date of repeal 19 Mar 2014
Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014

Commonwealth Coat of Arms

I, PENELOPE YING YEN WONG, Minister for Finance and Deregulation, make this Determination under subsection 20 (3) of the Financial Management and Accountability Act 1997.

Dated   16th August 2011

 

 

1              Name of Determination

                This Determination is the Financial Management and Accountability (Abolition of 3 Special Accounts) Determination 2011/15.

2              Commencement

                This Determination commences at a time which is in accordance with section 12 of the Legislative Instruments Act 2003.

Note   In accordance with subsection 22(1) of the Financial Management and Accountability Act 1997 (FMA Act), which applies to determinations made under subsections 20(1) and 20(2), this Determination is not required to be tabled before both Houses of Parliament – for five sitting days - for it to take effect.  This Determination takes effect upon the first moment after the day upon which it is registered.

3              Definition

                In this Determination:

Special Account has the meaning given by section 5 of the Financial Management and Accountability Act 1997.

4              Abolition – Schedule 1

                Each Special Account mentioned in Schedule 1 is abolished.

Schedule 1        Abolished Special Accounts

(section 4)

 

Special Account

Agency

Other Trust Moneys Account

Australian Federal Police

Australian Reward Investment Alliance Special Account

Australian Reward Investment Alliance

Commonwealth Superannuation Administration Special Account

ComSuper

 

Note

1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.