Australian Capital Territory Numbered Acts

FINANCIAL MANAGEMENT AMENDMENT ACT 2015 (NO. 34 OF 2015) - SCHEDULE 1

Schedule 1     Consequential amendments

(see s 3)

Part 1.1     Administrative Decisions (Judicial Review) Act 1989

[1.1]     Schedule 2, section 2.3 (b)

substitute

        (b)     a decision of the Treasurer under the Financial Management Act 1996

—

              (i)     section 18 (Treasurer's advance); or

              (ii)     section 18B (Treasurer's advance—reduction of amounts);

[1.2]     Schedule 2, new section 2.3 (b) (ia)

before section 2.3 (b) (i), insert

        (ia)     section 7A (Temporary advance for new purpose or new entity); or

Part 1.2     Financial Management Act 1996

[1.3]     Section 14A (1) (a)

substitute

        (a)     controlled recurrent payments for the entity; or

[1.4]     Section 14B (1)

omit

provision of outputs

substitute

controlled recurrent payments

[1.5]     Section 14B (3), new definition of appropriation for controlled recurrent payments

insert

"appropriation for controlled recurrent payments" means an appropriation for controlled recurrent payments made by an Appropriation Act in a financial year or, if the appropriation is amended during the financial year, the appropriation as amended.

[1.6]     Section 14B (3), definition of appropriation for provision of outputs

omit

[1.7]     New section 18C (2) (b) (iia)

insert

        (iia)     the total payments for temporary advances taken to have been authorised previously in the financial year under section 7A (5) (d) (Temporary advance for new purpose or new entity);

[1.8]     New section 19D (3) (d) (ia)

before section 19D (3) (d) (i), insert

        (ia)     taken to be authorised from section 18 (Treasurer's advance) under section 7A (5) (d) (Temporary advance for a new purpose or new entity) for a temporary advance to the territory entity; or

[1.9]     Section 26 (2), note

after

under

insert

s 7A,

Part 1.3     University of Canberra Act 1989

[1.10]     Section 35 heading

substitute

35     Application of Financial Management Act 1996, pt 6, pt 8 and pt 10

[1.11]     New section 35 (3)

insert

    (3)     The Financial Management Act 1996

, part 10 (Miscellaneous) applies in relation to the university as if section 130 (Act of grace payments) were omitted.

[1.12]     Schedule 1, modification 1.1, section 56 (2)

omit

financial management of the authority

substitute

financial management of the resources for which the authority is responsible

[1.13]     Schedule 1, modification 1.1, new section 56 (2A)

insert

    (2A)     The governing board of a territory authority must manage the authority in a way that promotes—

        (a)     the achievement of the purpose of the authority; and

        (b)     the financial sustainability of the authority.

[1.14]     Schedule 1, modification 1.1, section 56 (3)

omit

subsection (2)

substitute

subsections (2) and (2A)

[1.15]     Schedule 1, modification 1.1, new section 56 (4)

insert

    (4)     In this section:

"property" means property, other than money, that is owned or held by the territory authority or held by a person on behalf of the authority.

"resources" means money or property.

[1.16]     Schedule 1, modification 1.7, section 65 (2)

omit