Australian Capital Territory Current Acts Australian Capital Territory Current Acts(1) This section applies if the Treasurer believes that it is desirable, because of changes in directorate responsibilities, to transfer a directorate trust banking account from a directorate to another directorate.
(2) 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 the other directorate.
(3) If a director-general receives a direction under subsection (2), the director-general must comply with it.
(4) An account transferred in accordance with the direction becomes a trust banking account of the directorate to which it is transferred.