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STATUTORY BODIES FINANCIAL ARRANGEMENTS ACT 1982 - SECT 5
Act applies to statutory bodies
5 Act applies to statutory bodies
(1) This Act applies to statutory bodies. Note— Part 2A sets out whether an
entity is a statutory body. An entity that is a statutory body within the
meaning of another Act, for example, the Financial Accountability Act 2009 ,
is not necessarily a statutory body under this Act.
(2) A statutory body is
an entity established under an Act that— (a) has control of funds and
consists of only 1 person appointed under an Act; or
(b) has control of funds
and has, or may have, at least 1 member appointed under an Act; or
(c) has
funds, or from time to time may have funds, and even though it does not have
any members appointed under an Act, its decisions are made, or its funds are
controlled, by— (i) another person appointed under the same Act; or
(ii)
another entity established under the same Act that has, or may have, at least
1 member who is appointed under the Act ; or
(d) is a corporation sole
constituted by a Minister, or the chief executive or an officer of a
department; or
(e) is a local government; or
(f) is declared under the Act
to be a statutory body for this Act.
(3) A regulation may declare an entity
to be a statutory body.
(4) In this section—
"appointed under an Act" , in relation to a person or member, means— (a) a
person or member, who is appointed under an Act; or
(b) a person or member,
whose appointment is confirmed by the Governor in Council or a Minister under
an Act.
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