Commonwealth Numbered Regulations - Explanatory Statements

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FINANCIAL MANAGEMENT AND ACCOUNTABILITY AMENDMENT REGULATIONS 2002 (NO. 3) 2002 NO. 211

STATUTORY RULES 2002 No. 211

Issued by the Authority of the Minister for Finance and Administration

Financial Management and Accountability Act 1997

Financial Management and Accountability Amendment Regulations 2002 (No. 3)

Subsection 65(1) of the Financial Management and Accountability Act 1997 (FMA Act) provides that the Governor-General may make regulations prescribing matters required or permitted by FMA Act to be prescribed, or necessary or convenient to be prescribed for carrying out or giving effect to the Act.

The FMA Act provides a framework of rules for the proper management of public money and public property that applies to Chief Executives of agencies and officials of agencies.

The Regulations amend the Financial Management and Accountability Regulations 1997 to make the Bureau of Meteorology a prescribed agency for the purposes of the FMA Act so that it is responsible and accountable under the Act for its expenditure and use of public money, public property and other Commonwealth resources.

The Regulations also amend the note setting out which prescribed agencies are also Executive Agencies under the Public Service Act 1999 to include the Bureau of Meteorology.

The Bureau of Meteorology was established as an Executive Agency on 1 July 2002.

As head of the Bureau, the Director has the powers of an Agency Head under the Public Service Act 1999 from 1 July 2002. By making the Bureau a prescribed agency under the FMA Act the Director also has management and accountability responsibilities for public money, public property and other Commonwealth resources.

The Regulations commence on gazettal.