(1) The Treasurer and
the Minister for Health may, in writing, jointly direct that money standing to
the credit of the FHRI Account be transferred to the credit of the FHRI Fund.
(2) The Treasurer
cannot give a direction in relation to the FHRI Account under the
Financial Management Act 2006 section 20(1).
(3) The provisions of
the Financial Management Act 2006 and the Auditor General Act 2006 regulating
the financial administration, audit and reporting requirements of departments
apply to, and in relation to, the FHRI Account.
(4) The administration
of the FHRI Account is for the purposes of the Financial Management Act 2006
section 52 to be regarded as a service of the FHRI Account Department.
(5) Without limiting
the Financial Management Act 2006 section 61, the annual report for a
financial year prepared under that section by the accountable authority of the
FHRI Account Department is to contain information about the operation of the
FHRI Account during the financial year.
(6) The annual report
is to include details of how money standing to the credit of the FHRI Account
was applied during the financial year (if at all).
[Section 4E inserted: No. 22 of 2020 s. 9.]