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FINANCIAL MANAGEMENT AND ACCOUNTABILITY AMENDMENT REGULATIONS 2004 (NO. 2) 2004 NO. 310
STATUTORY RULES 2004 No. 310
Issued by the Authority of the Minister for Finance and Administration
Financial Management and Accountability Amendment Regulations 2004 (No. 2)
Subsection 65(1) of the Financial Management and Accountability Act 1997 (the Act) provides that the Governor-General may make regulations prescribing matters required or permitted by the Act to be prescribed, or necessary or convenient to be prescribed for carrying out or giving effect to the Act.
The 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.
Section 5 of the Act provides in part that, for the purposes of the Act, an `Agency' includes a prescribed Agency. Agencies are prescribed for the purposes of the Act in Schedule 1 to the Financial Management and Accountability Regulations 1997 (the Principal Regulations).
The Regulations remove the Australian Government Information Management Office (AGIMO), the Australian Greenhouse Office (AGO) and the National Oceans Office (NOO) as prescribed Agencies from Schedule 1 to the Principal Regulations, following their abolition as Executive Agencies under the Public Service Act 1999 (PS Act). References to the agencies are also removed from Note A of Schedule 1 (which identifies prescribed Agencies under the Act that are also Executive Agencies under the PS Act).
The Regulations help to implement the Government's decision, announced by the Prime Minister on October 22 2004, to transfer the responsibility for:
* the AGIMO to the Department of Finance and Administration; and
* the AGO and the NOO to the Department of the Environment and Heritage.
The Regulations commenced on the date of their notification in the Gazette.