Federal Register of Legislation - Australian Government

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2011/19 Determinations/Financial (Other) as made
This Determination abolishes the Other Trust Moneys Account.
Administered by: Finance
General Comments: The Other Trust Moneys Account contained in Financial Management and Accountability Act 1997 - Initial Determination to Establish Components of the Reserved Money Fund (31/12/1997) is abolished with effect from 1 December 2011.
Exempt from sunsetting by the Financial Management and Accountability Act 1997 s 20(7)
Registered 30 Nov 2011
Tabling HistoryDate
Tabled HR07-Feb-2012
Tabled Senate07-Feb-2012
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Repealed by Finance (Spent and Redundant Instruments) Repeal Regulation 2014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 10th November 2011

PENELOPE YING YEN WONG


1              Name of Determination

                This Determination is the Financial Management and Accountability (Abolition of Other Trust Moneys Account) Determination 2011/19.

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

                The Account mentioned in Schedule 1 is abolished.

 

Schedule 1        Abolished Special Accounts

(section 4)


 

Special Account

Agency

Other Trust Moneys Account

Professional Services Review Scheme

 

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.