Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The accountable authority of a Commonwealth entity must govern the entity in a way that:
(a) promotes the proper use and management of public resources for which the authority is responsible; and
(b) promotes the achievement of the purposes of the entity; and
(c) promotes the financial sustainability of the entity.
Note: Section 21 (which is about the application of government policy) affects how this duty applies to accountable authorities of non - corporate Commonwealth entities.
(2) In making decisions for the purposes of subsection
(1), the accountable authority must take into account the effect of those
decisions on public resources generally.