Australian Capital Territory Current Acts Australian Capital Territory Current Acts(1) If, in the Treasurer's opinion, it is desirable, because of changes in directorate responsibilities, to transfer a directorate banking account from a directorate to another directorate, the Treasurer may, in writing, direct the responsible director-general of the directorate that holds the account to arrange for it to be transferred to another directorate nominated in the direction.
(2) A director-general who receives a direction under subsection (1) must comply with the direction.
(3) A directorate banking account transferred in accordance with a direction under subsection (1) becomes a directorate banking account of the directorate to which it is transferred.