Australian Capital Territory Numbered Acts

FINANCIAL MANAGEMENT LEGISLATION AMENDMENT ACT 2005 (NO. 52 OF 2005) - SECT 42

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Part 11     Transitional

109     Financial Management Legislation Amendment Act 2005—provisions with 1 July 2005 application

    (1)     The 1 July 2005 sections, as in force immediately after the commencement of this section, apply in relation to the financial year that commenced on 1 July 2005 and all subsequent financial years.

    (2)     In its application in relation to the financial year that commenced on 1 July 2005, section 68, as in force immediately after the commencement of this section, applies as if the reference in subsection (3) to section 61 (5) (d) included a reference to section 55 (3) (d).

    (3)     In this section:

1 July 2005 sections means the following sections:

              •     section 12 (Departmental budgets)

              •     section 13 (Supplementary budget papers)

              •     section 13A (Amendment of budgets for supplementary appropriation)

              •     section 22 (Annual financial statements of the Territory)

              •     section 23 (Responsibility for annual financial statements)

              •     section 24 (Audit of annual financial statements)

              •     section 27 (Annual financial statements of departments)

              •     section 28 (Responsibility for annual financial statements of departments)

              •     section 29 (Audit of financial statements of departments)

              •     section 30 (Departmental annual financial statements to be included in annual reports etc)

              •     section 30A (Statements of performance of departments)

              •     section 30B (Responsibility for departmental statements of performance)

              •     section 30C (Scrutiny of departmental statements of performance)

              •     section 30D (Departmental statements of performance to be included in annual reports etc)

              •     section 30E (Half-yearly departmental performance reports)

              •     section 31 (Responsibilities of chief executives of departments)

              •     section 63 (Annual financial statements of territory authorities)

              •     section 64 (Responsibility for annual financial statements of territory authorities)

              •     section 65 (Audit of annual financial statements of territory authorities)

              •     section 66 (Annual financial statements of territory authorities to be included in annual reports etc)

              •     section 68 (Statements of performance of territory authorities)

              •     section 69 (Responsibility for territory authority statements of performance)

              •     section 70 (Scrutiny of territory authority statements of performance)

              •     section 71 (Territory authority statements of performance to be included in annual reports etc).

    (4)     This section expires 1 year after the day it commences.

110     Financial Management Legislation Amendment Act 2005—provisions with 1 July 2006 application

    (1)     The 1 July 2006 sections, as in force immediately after the commencement of this section, apply in relation to the financial year commencing on 1 July 2006 and all subsequent financial years.

    (2)     Despite the amendments of this Act made by the Financial Management Legislation Amendment Act 2005 , the following sections, as in force immediately before the commencement of this section, continue to apply in relation to the financial year that commenced on 1 July 2005:

              •     section 10 (Budget papers)

              •     section 58 (Statements of intent).

    (3)     In this section:

1 July 2006 sections means the following sections:

              •     section 10 (Budget papers)

              •     section 12A (Territory authority and territory-owned corporation budgets)

              •     section 61 (Territory authority statements of intent)

              •     section 62 (Presentation of statements of intent of territory authorities).

    (4)     This section expires on the expiry of section 109.

111     Transitional regulations

    (1)     A regulation may prescribe transitional matters necessary or convenient to be prescribed because of the enactment of the Financial Management Legislation Amendment Act 2005 .

    (2)     A regulation may modify this part (including its operation in relation to another territory law) to make provision in relation to anything that, in the Executive's opinion, is not, or not adequately or appropriately, dealt with in this part.

    (3)     A regulation under subsection (2) has effect despite anything elsewhere in this Act or another territory law.

    (4)     This section expires 2 years after the day it commences.