Tasmanian Numbered Acts

FINANCIAL MANAGEMENT ACT 2016 (NO. 42 OF 2016) - Act 42 of 2016 - Royal Assent 17 October 2016

TABLE OF PROVISIONS

           Long Title

   PART 1 - Preliminary

   1.      Short title
   2.      Commencement
   3.      Interpretation
   4.      Appropriate Minister
   5.      Principles of sound financial management
   6.      Application of Act
   7.      Application of Act to certain appropriations
   8.      Power of Governor to amend Part 1 of Schedule 1

   PART 2 - Accounts

   9.      Public Account
   10.     System of public accounts
   11.     Public Account: expenditure and receipts
   12.     Other money collected to be credited to Public Account
   13.     Authorised deposit-taking institution accounts
   14.     Treasurer may approve overdraft
   15.     All money to be paid to authorised deposit-taking institution account
   16.     Agency accounts
   17.     Establishment of Specific Purpose Accounts
   18.     Agency Trust Accounts

   PART 3 - Funds Management

   19.     Supporting statements in respect of Bills for Appropriation Acts
   20.     Transfer of appropriations of Public Account
   21.     Treasurer's Reserve
   22.     Variation of appropriations for Commonwealth grants
   23.     Rollover of unexpended balance of an appropriation
   24.     Supplementary estimates
   25.     Authority for expenditure
   26.     Application out of Public Account for advances to Agencies, &c.
   27.     Power of Treasurer to meet current and accruing requirements
   28.     Treasurer's expenditure control authority
   29.     Temporary borrowing pending receipts
   30.     Governor's authority for emergency expenditure
   31.     Investment of funds of Public Account

   PART 4 - Accountable Authorities

   32.     Accountable authority responsible to Minister
   33.     Delegation by accountable authority
   34.     Accountable authority responsibilities

   PART 5 - Reports

           Division 1 - Treasurer's reports

   35.     Treasurer's September quarterly report
   36.     Treasurer's revised estimates report
   37.     Treasurer's December quarterly report
   38.     Treasurer's March quarterly report
   39.     Treasurer's preliminary outcomes report
   40.     Treasurer's annual financial report
   41.     Tabling of Treasurer's annual financial report

           Division 2 - Annual reports by Agencies

   42.     Reports by Agencies
   43.     Power to fix special financial year
   44.     Tabling of reports of accountable authorities

           Division 3 - Reporting on abolition of Agencies

   45.     Purpose of Division
   46.     Reporting on abolition of Agency
   47.     Content of final report
   48.     Reporting officers entitled to reasonable assistance and facilities and access to accounts
   49.     Reporting officers to submit financial statements and information to Auditor-General

   PART 6 - Miscellaneous

   50.     Delegations
   51.     Treasurer's Instructions
   52.     Power to borrow money
   53.     Investment and borrowing powers
   54.     Indemnities and guarantees
   55.     Ex gratia payments
   56.     Write-off of debts, &c.
   57.     Prosecution for offences
   58.     Copies of orders to be forwarded to Auditor-General
   59.     Regulations
   60.     Administration of Act
   61.     Savings and transitional provisions
   62.     Legislation repealed
   63.     Legislation rescinded
   64.     Legislation revoked
           SCHEDULE 1
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 5