Commonwealth Finance Minister’s (Norfolk Island) Orders 2011

No longer in force

Administered by

Department of Finance

This item is authorised by the following title:

Norfolk Island Act 1979

Latest version

F2015C00650

01 August 2015 - 30 June 2016

If the Administration of Norfolk Island, a Territory authority, or a Government Business Enterprise, ceases to exist on or after 1 July 2011, these Orders apply to that entity up to the date that it ceased to exist.

Table of contents

Name of Orders
Purpose
Commencement
Application of these Orders to entities which cease to exist
Chief Executive Officer to prepare budget estimates for the Administration of Norfolk Island (Act, s 48A)
Responsible manager to prepare budget estimates for Territory authorities (Act, s 48A)
Administrator to prepare annual budget for the Administration of Norfolk Island (Act, s 48A)
Certificate required to be attached to annual budget of the Administration of Norfolk Island
Financial policy objectives and strategies statement (Act, s 48A)
Administrator to prepare budgeted financial statements for the Administration of Norfolk Island (Act, s 48A)
Administrator to prepare annual budgets for Territory authorities (Act, s 48A)
Administrator and responsible manager to prepare budgeted financial statements for Territory authorities (Act, s 48A)
Administrator to release mid-year budget report
Administrator to release final budget outcome report
Financial statements to comply with the Act, these Orders and Australian Accounting Standards
Administrator to prepare annual financial statements (Act, s 48B)
Responsible manager to prepare annual financial statements for Territory authorities (Act, ss 48B & 48K)
True and fair view (Act, s 48B)
Certificates required to be attached to annual financial statements (Act, s 48B)
Administrator to prepare periodic financial statements (Act, s 48H)
Responsible manager to prepare periodic financial statements (Act, ss 48H & 48K)
Administrator to publicly release periodic financial statements (Act, s 48H)
Financial reporting form (Act, ss 48A & 48H)
Materiality (Act, ss 48A & 48H)
Refunds (Act, ss 48A & 48H)
Appropriations (Act, s 48B)
Administrator may determine an activity to be a Government Business Enterprise
Additional reporting of Government Business Enterprises and Funds (Act, ss 48B & 48H)
Investments (Act, s 48B)
Related party disclosures (Act, s 48B)
Ex-gratia payments (Act, s 48B)
Financial statements must be presented to the Auditor-General (Act, s 48B)
Administrator to publicly release audit report (Act, s 48C)
Administrator to publicly release performance audit reports (Act, s 48E)
Chief Executive Officer to establish and maintain an audit committee
Audit report and consolidated financial statements to be included in the annual report (Act, s 48J)
Chief Minister to publicly release annual report (Act, s 48J)
Entering into an arrangement
Approval of proposals to enter into arrangements
Administrator to approve arrangements beyond available appropriation
Responsible Commonwealth Minister to be notified of significant expenditure
Procurement
Grants
Requirements of accounts and records (Act, ss 48P & 48Q)
Notional payments and receipts
Chief Executive Officer’s Instructions (Act, ss 48M & 48N)
Administrator may delegate certain functions
Chief Executive Officer may delegate certain functions
Dictionary
Application of these Orders
Instruments under these Orders
Transitional

Commonwealth Finance Minister’s (Norfolk Island) Orders 2011

Legislation text