Queensland Bills

[Index] [Search] [Download] [Related Items] [Help]


This is a Bill, not an Act. For current law, see the Acts databases.


FINANCIAL ADMINISTRATION AND OTHER LEGISLATION AMENDMENT BILL 2001

      Queensland




     FINANCIAL
ADMINISTRATION AND
 OTHER LEGISLATION
AMENDMENT BILL 2001

 


 

 

Queensland FINANCIAL ADMINISTRATION AND OTHER LEGISLATION AMENDMENT BILL 2001 TABLE OF PROVISIONS Section Page PART 1--PRELIMINARY 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 PART 2--AMENDMENT OF FINANCIAL ADMINISTRATION AND AUDIT ACT 1977 2 Act amended in pt 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 3 Replacement of s 3 (Meaning of "Annual Appropriation Act") . . . . . . . . . . 6 3 Meaning of terms relating to Annual Appropriation Act . . . . . . . . . . 6 4 Amendment of s 4A (Meaning of "department") . . . . . . . . . . . . . . . . . . . . . 7 5 Amendment of s 5 (Meaning of "statutory body") . . . . . . . . . . . . . . . . . . . . 8 6 Amendment of s 14 (Moneys to be kept at financial institution) . . . . . . . . . 8 7 Amendment of s 16 (Overdrafts). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8 Amendment of s 19 (Overdrawn accounts). . . . . . . . . . . . . . . . . . . . . . . . . . 8 9 Replacement of s 21 (Annual Appropriation Act and documents about funding appropriations) .................................. 8 21 Annual Appropriation Acts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 10 Replacement of ss 22A and 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 23 Availability of appropriated amount for payment to departments . . . 9 11 Amendment of s 23A (Availability of appropriation after redistribution of public business) ....................................... 9 12 Amendment of s 23C (Payment of equity withdrawal under Annual Appropriation Act) ...................................... 10 13 Replacement of s 23D (Supply for financial year pending Annual Appropriation Act) ..................................... 10

 


 

2 Financial Administration and Other Legislation Amendment Bill 2001 23D Supply for financial year pending ordinary Annual Appropriation Act ................................ 10 23E Supply for financial year pending parliamentary Annual Appropriation Act ................................. 11 14 Amendment of s 24A (When part of vote for treasury department may be applied for headings of another department) ................... 11 15 Amendment of s 26 (Statement of unforeseen expenditure to be appropriated to be laid before Legislative Assembly) ........... 11 16 Replacement of s 30 (Continuing fund not to be overdrawn unless approved) ................................ 12 30 Continuing fund to be overdrawn only under a Treasurer's approval .............................. 12 17 Amendment of s 34 (Accountable officers generally). . . . . . . . . . . . . . . . . . 12 18 Replacement of ss 35 and 35A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 35 Clerk of the Parliament as accountable officer . . . . . . . . . . . . . . . . . 13 35A Official secretary as accountable officer . . . . . . . . . . . . . . . . . . . . . . 13 35B Other accountable officers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 19 Amendment of s 36 (Functions and duties of accountable officer). . . . . . . . 13 20 Amendment of s 36A (Accountable officer to pay for tax equivalents and dividends) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 21 Amendment of s 38 (Quarterly statement by Treasurer). . . . . . . . . . . . . . . . 14 22 Replacement of s 38A (Treasurer's appropriation statement) . . . . . . . . . . . . 15 38A Treasurer's appropriation statement. . . . . . . . . . . . . . . . . . . . . . . . . . 15 38AA Timing for giving Treasurer's appropriation statement to auditor-general ................................. 17 23 Replacement of s 38C (Under-Treasurer may require information for preparing consolidated whole-of-government financial statement) . . . . . . 17 38C Request for information for preparing consolidated whole-of-government financial statement and other purposes .. 17 24 Amendment of s 39 (Annual report by department and short form annual report) ............................................. 18 25 Amendment of s 40 (General purpose financial statements). . . . . . . . . . . . . 19 26 Insertion of new section 40AA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 40AA Timing for accountable officers to give general purpose financial statements to auditor-general . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 27 Amendment of s 40A (Treasurer's borrowing powers) . . . . . . . . . . . . . . . . . 20 40A Borrowings by State and by accountable officers'. . . . . . . . . . . . . . . 20

 


 

3 Financial Administration and Other Legislation Amendment Bill 2001 28 Amendment of s 40C (No-one other than Treasurer may invest) . . . . . . . . . 20 29 Amendment of s 41A (Dealing with moneys earned on investment) . . . . . . 21 30 Amendment of s 43B (Certain departments may enter into derivative transactions) ..................................... 21 31 Omission of s 43C (Treasurer's approval for derivative transactions) . . . . . 21 32 Amendment of s 44 (Formation of companies by department etc. requires Treasurer's approval) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 33 Amendment of s 46 (Treasurer's unclaimed moneys fund) . . . . . . . . . . . . . 22 34 Amendment of s 46F (Statutory body to prepare annual financial statements) ...................................... 22 35 Insertion of new section 46FA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 46FA Timing for statutory bodies to give annual financial statements to auditor-general .................................... 22 36 Amendment of s 46J (Annual report) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 37 Replacement of s 46K (Appropriate Minister must table reports) . . . . . . . . 23 46K Tabling of annual report. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 38 Amendment of s 46KB (Minister to explain late tabling of annual report) ...................................... 24 39 Amendment s 46KC (Procedure if Legislative Assembly not in session or sitting) .......................................... 24 40 Amendment of s 95 (Audit fees) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 41 Insertion of pt 6A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 PART 6A--APPROVALS BY TREASURER Division 1--Definition and application 105A Definition for pt 6A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 105B Application of pt 6A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Division 2--General approvals 105C Approval may be general in nature . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Division 3--Specific approvals 105D Way department or statutory body may apply for approval. . . . . . . . 26 105E Treasurer may ask for documents . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 105F Decision on application . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 105G Register of approvals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 Division 4--Offences relating to certain documents 105H False or misleading documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

 


 

4 Financial Administration and Other Legislation Amendment Bill 2001 105I False information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 42 Amendment of s 109 (Delegation by Treasurer of certain powers) . . . . . . . 28 43 Insertion of new pt 8, div 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 Division 3--Transitional provisions for Financial Administration and Other Legislation Amendment Act 2001 136 Definitions for div 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 137 General statement about effect of pre-amended Act to 2000-2001 financial year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 138 Meaning of words in provisions of pre-amended Act applying after commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 139 Approvals under the pre-amended Act to continue . . . . . . . . . . . . . . 30 140 Bills for Annual Appropriation Acts for 2001-2002 financial year . 30 44 Amendment of sch 1 (Other accountable officers for certain bodies). . . . . . 30 45 Amendment of sch 3 (Dictionary). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 PART 3--AMENDMENT OF THE GOVERNMENT OWNED CORPORATIONS ACT 1993 46 Act amended in pt 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 47 Amendment of s 128 (Application of Financial Administration and Audit Act) .......................................... 33 PART 4--MINOR AMENDMENTS OF OTHER ACTS ADMINISTERED BY THE TREASURER 48 Minor amendments of other legislation administered by the Treasurer . . . . 33 SCHEDULE . . . . . . . . . . . . . . . . . . . . . . . . 34 MINOR AMENDMENTS GST AND RELATED MATTERS ACT 2000 . . . . . . . . . . . . . . . . . . . . . . . 34 PUBLIC OFFICERS SUPERANNUATION BENEFITS RECOVERY ACT 1988 ................................... 34 QUEENSLAND COMPETITION AUTHORITY ACT 1997 . . . . . . . . . . . 34 QUEENSLAND INVESTMENT CORPORATION ACT 1991 . . . . . . . . . . 35 SUPERANNUATION (STATE PUBLIC SECTOR) ACT 1990 . . . . . . . . . 36

 


 

2001 A BILL FOR An Act to amend the Financial Administration and Audit Act 1977 and the Government Owned Corporations Act 1993, and for other purposes

 


 

s1 6 s3 Financial Administration and Other Legislation Amendment Bill 2001 The Parliament of Queensland enacts-- 1 PART 1--PRELIMINARY 2 1 Short title Clause 3 This Act may be cited as the Financial Administration and Other 4 Legislation Amendment Act 2001. 5 PART 2--AMENDMENT OF FINANCIAL 6 ADMINISTRATION AND AUDIT ACT 1977 7 2 Act amended in pt 2 Clause 8 This part amends the Financial Administration and Audit Act 1977. 9 3 Replacement of s 3 (Meaning of "Annual Appropriation Act") Clause 10 Section 3-- 11 omit, insert-- 12 `3 Meaning of terms relating to Annual Appropriation Act 13 `(1) An "Annual Appropriation Act" is-- 14 (a) an ordinary Annual Appropriation Act for a financial year; or 15 (b) a parliamentary Annual Appropriation Act for a financial year. 16 `(2) An "ordinary Annual Appropriation Act" is an Act for a financial 17 year for departments, other than the Legislative Assembly and 18 parliamentary service, that-- 19 (a) authorises the Treasurer to pay from the consolidated fund a total 20 amount for the departments for the financial year; and 21 (b) appropriates for the financial year a total amount for each of the 22 departments for application to the department's departmental 23 outputs, administered items and equity adjustment. 24

 


 

s4 7 s4 Financial Administration and Other Legislation Amendment Bill 2001 `(3) A "parliamentary Annual Appropriation Act" is an Act for a 1 financial year for the Legislative Assembly and parliamentary service 2 that-- 3 (a) authorises the Treasurer to pay from the consolidated fund a total 4 amount for the Legislative Assembly and parliamentary service 5 for the financial year; and 6 (b) appropriates for the financial year a total amount for application 7 to the departmental outputs, administered items and equity 8 adjustment of the Legislative Assembly and parliamentary 9 service. 10 `(4) Collectively, the ordinary Annual Appropriation Act for a financial 11 year and the parliamentary Annual Appropriation Act for the financial year 12 are the "Annual Appropriation Acts" for the financial year.'. 13 4 Amendment of s 4A (Meaning of "department") Clause 14 (1) Section 4A(1)(c) and (d)-- 15 omit, insert-- 16 `(c) the Office of the Governor; or 17 (d) the Legislative Assembly and parliamentary service; or 18 (e) a body mentioned in schedule 1, column 2.'. 19 (2) Section 4A(2), (3) and (4)-- 20 renumber as section 4A(3), (4) and (5). 21 (3) Section 4A-- 22 insert-- 23 `(2) However, "department"-- 24 (a) in relation to an ordinary Annual Appropriation Act, is a 25 department mentioned in subsection (1)(a), (b), (c) or (e); or 26 (b) in relation to a parliamentary Annual Appropriation Act, is the 27 department mentioned in subsection (1)(d).'. 28 (4) Section 4A(3), as renumbered, `subsection (3)'-- 29 omit, insert-- 30 `subsection (4)'. 31

 


 

s5 8 s9 Financial Administration and Other Legislation Amendment Bill 2001 (5) Section 4A(5), as renumbered, `(2)'-- 1 omit, insert-- 2 `(3)'. 3 5 Amendment of s 5 (Meaning of "statutory body") Clause 4 Section 5(2)(b) and (3)(b), `section 4A(2)'-- 5 omit, insert-- 6 `section 4A(3)'. 7 6 Amendment of s 14 (Moneys to be kept at financial institution) Clause 8 Section 14(c), `with the written approval of the Treasurer'-- 9 omit, insert-- 10 `under a Treasurer's approval'. 11 7 Amendment of s 16 (Overdrafts) Clause 12 Section 16, from `shall not' to `first had and obtained'-- 13 omit, insert-- 14 `must not, other than under a Treasurer's approval'. 15 8 Amendment of s 19 (Overdrawn accounts) Clause 16 Section 19(2), `the Treasurer's approval'-- 17 omit, insert-- 18 `a Treasurer's approval'. 19 9 Replacement of s 21 (Annual Appropriation Act and documents Clause 20 about funding appropriations) 21 Section 21-- 22 omit, insert-- 23

 


 

s 10 9 s 11 Financial Administration and Other Legislation Amendment Bill 2001 `21 Annual Appropriation Acts 1 `For each financial year, the Treasurer must present to the Legislative 2 Assembly-- 3 (a) a Bill for an ordinary Annual Appropriation Act for the financial 4 year; and 5 (b) a Bill for a parliamentary Annual Appropriation Act for the 6 financial year.'. 7 10 Replacement of ss 22A and 23 Clause 8 Sections 22A and 23-- 9 omit, insert-- 10 `23 Availability of appropriated amount for payment to departments 11 `(1) The total amount appropriated for a department for a financial year 12 under an Annual Appropriation Act (the "available amount") is available 13 for the Treasurer to pay to the department in the financial year or within the 14 further 2 weeks. 15 `(2) The Treasurer may pay an amount from the available amount for a 16 department if-- 17 (a) the payment is made for a departmental output, administered 18 item or equity adjustment delivered in the financial year or the 19 previous financial year; or 20 (b) the payment is made for a departmental output, administered 21 item or equity adjustment to be delivered in the financial year or 22 in the next financial year. 23 `(3) If all of the available amount for a financial year is not paid to the 24 department under this section in the financial year or within the further 25 2 weeks, the unpaid amount of the appropriation lapses at the end of the 26 further 2 weeks.'. 27 11 Amendment of s 23A (Availability of appropriation after Clause 28 redistribution of public business) 29 Section 23A(1)(a), `an Annual Appropriation Act'-- 30 omit, insert-- 31 `the ordinary Annual Appropriation Act'. 32

 


 

s 12 10 s 13 Financial Administration and Other Legislation Amendment Bill 2001 12 Amendment of s 23C (Payment of equity withdrawal under Clause 1 Annual Appropriation Act) 2 Section 23C(1), `the Annual Appropriation Act'-- 3 omit, insert-- 4 `an Annual Appropriation Act'. 5 13 Replacement of s 23D (Supply for financial year pending Annual Clause 6 Appropriation Act) 7 Section 23D-- 8 omit, insert-- 9 `23D Supply for financial year pending ordinary Annual 10 Appropriation Act 11 `(1) This section applies if, pending the enactment of the ordinary 12 Annual Appropriation Act for a financial year, the Legislative Assembly 13 authorises the payment of an amount (the "ordinary supply amount") 14 from the consolidated fund to departments, other than the Legislative 15 Assembly and parliamentary service, but does not appropriate a total 16 amount for each of the departments for the financial year. 17 `(2) The Treasurer must prepare a statement setting out-- 18 (a) the total amount available for each of the departments from the 19 ordinary supply amount; and 20 (b) the way the total amount available for each of the departments is 21 to be applied. 22 `(3) As soon as practicable after preparing the statement, the Treasurer 23 must give written notice to the accountable officer of each of the 24 departments about-- 25 (a) the total amount available for the department from the ordinary 26 supply amount, pending the enactment of the ordinary Annual 27 Appropriation Act; and 28 (b) the way the total amount available for the department is to be 29 applied. 30 `(4) The Treasurer may pay an amount to a department under the 31 statement. 32

 


 

s 14 11 s 15 Financial Administration and Other Legislation Amendment Bill 2001 `(5) A payment under the statement is taken to be authorised by the 1 ordinary Annual Appropriation Act for the financial year. 2 `23E Supply for financial year pending parliamentary Annual 3 Appropriation Act 4 `(1) This section applies if, pending the enactment of the parliamentary 5 Annual Appropriation Act for a financial year, the Legislative Assembly 6 authorises the payment of an amount (the "parliamentary supply 7 amount") from the consolidated fund for the Legislative Assembly and 8 parliamentary service, but does not appropriate the amount for the 9 department for the financial year. 10 `(2) The Treasurer must prepare a statement setting out the amount 11 available for the Legislative Assembly and parliamentary service from the 12 parliamentary supply amount. 13 `(3) As soon as practicable after preparing the statement, the Treasurer 14 must give written notice to the Clerk of the Parliament about the amount 15 available for the Legislative Assembly and parliamentary service from the 16 parliamentary supply amount, pending the enactment of the parliamentary 17 Annual Appropriation Act. 18 `(4) The Treasurer may pay an amount for the Legislative Assembly and 19 parliamentary service under the statement. 20 `(5) A payment under the statement is taken to be authorised by the 21 parliamentary Annual Appropriation Act for the financial year.'. 22 14 Amendment of s 24A (When part of vote for treasury department Clause 23 may be applied for headings of another department) 24 Section 24A(3), `the Annual Appropriation Act'-- 25 omit, insert-- 26 `the relevant Annual Appropriation Act'. 27 15 Amendment of s 26 (Statement of unforeseen expenditure to be Clause 28 appropriated to be laid before Legislative Assembly) 29 Section 26, from `the statement'-- 30 omit, insert-- 31

 


 

s 16 12 s 18 Financial Administration and Other Legislation Amendment Bill 2001 `-- 1 (a) the statement prepared and signed under section 25A(1); and 2 (b) the auditor-general's report, under section 25A(3), about the 3 statement.'. 4 16 Replacement of s 30 (Continuing fund not to be Clause 5 overdrawn unless approved) 6 Section 30-- 7 omit, insert-- 8 `30 Continuing fund to be overdrawn only under a 9 Treasurer's approval 10 `A continuing fund must not be overdrawn unless it is overdrawn under a 11 Treasurer's approval.'. 12 17 Amendment of s 34 (Accountable officers generally) Clause 13 (1) Section 34, `accountable officer for'-- 14 omit, insert-- 15 `accountable officer of'. 16 (2) Section 34-- 17 insert-- 18 `(4) For a body mentioned in schedule 1, column 2-- 19 (a) subsection (1) does not apply to the chief executive of the body 20 even if the body is a department of government declared under 21 the Public Service Act 1996, section 12(1); and 22 (b) a person can not be appointed the accountable officer of the body 23 under subsection (2).'. 24 18 Replacement of ss 35 and 35A Clause 25 Sections 35 and 35A-- 26 omit, insert-- 27

 


 

s 19 13 s 19 Financial Administration and Other Legislation Amendment Bill 2001 `35 Clerk of the Parliament as accountable officer 1 `(1) The Clerk of the Parliament is the accountable officer of the 2 Legislative Assembly and parliamentary service. 3 `(2) The Premier is the appropriate Minister for the department 4 comprised of the Legislative Assembly and parliamentary service. 5 `(3) To remove any doubt, it is declared that this section does not limit or 6 otherwise interfere with the role of the speaker relating to the Legislative 7 Assembly or the parliamentary service, including the role of speaker in 8 relation to the Clerk of the Parliament. 9 `35A Official secretary as accountable officer 10 `(1) The official secretary is the accountable officer of the Office of the 11 Governor. 12 `(2) The Premier is the appropriate Minister for the Office of the 13 Governor. 14 `(3) To remove any doubt, it is declared that this section does not limit or 15 otherwise interfere with the role of the Governor relating to the Office of 16 the Governor, including the role of the Governor in relation to the official 17 secretary. 18 `35B Other accountable officers 19 `A person mentioned in schedule 1, column 1 is the accountable officer 20 of the body appearing opposite in schedule 1, column 2.'. 21 19 Amendment of s 36 (Functions and duties of accountable officer) Clause 22 (1) Section 36, heading, `accountable officer'-- 23 omit, insert-- 24 `all accountable officers'. 25 (2) Section 36(1)(aa) and (a)-- 26 omit, insert-- 27 `(aa) is responsible for the financial administration of the department 28 under the accountable officer's control and must manage the 29 department efficiently, effectively and economically; and 30

 


 

s 20 14 s 21 Financial Administration and Other Legislation Amendment Bill 2001 (a) must establish and maintain suitable systems of internal control 1 and risk management; and'. 2 (3) Section 36(1)(b), (d), (f), (g) and (h), `shall'-- 3 omit, insert-- 4 `must'. 5 (4) Section 36(1)(c), `shall ensure'-- 6 omit, insert-- 7 `must ensure each of the following'. 8 (5) Section 36(1)(d) `with respect to'-- 9 omit, insert-- 10 `about each of the following'. 11 (6) Section 36(3) and (4)-- 12 omit, insert-- 13 `(3) The officer in charge of a department's internal audit must-- 14 (a) perform the functions conferred, and discharge the duties 15 imposed, on the officer by the accountable officer and the 16 prescribed requirements; and 17 (b) report to the accountable officer, on a regular basis, about the 18 results of appraisals, examinations, investigations, inspections 19 and reviews of the department. 20 `(4) In complying with subsection (3), the officer in charge of the 21 department's internal audit must have regard to the functions and duties of 22 the department's accountable officer.'. 23 20 Amendment of s 36A (Accountable officer to pay for tax Clause 24 equivalents and dividends) 25 Section 36A(5), after `apply to'-- 26 insert-- 27 `the official secretary,'. 28 21 Amendment of s 38 (Quarterly statement by Treasurer) Clause 29 (1) Section 38(1A), (2), (3) and (4)-- 30

 


 

s 22 15 s 22 Financial Administration and Other Legislation Amendment Bill 2001 renumber as section 38 (2), (3), (4) and (5). 1 (2) Section 38-- 2 insert-- 3 `(6) If the Treasurer pays an amount from, or receives an amount into, 4 the consolidated fund account within the further 2 weeks for the financial 5 year to which the payment or receipt relates, the Treasurer must ensure the 6 amount is included in-- 7 (a) the quarterly statement for the fourth quarter for the financial 8 year; and 9 (b) the Treasurer's appropriation statement for the financial year.'. 10 22 Replacement of s 38A (Treasurer's appropriation statement) Clause 11 Section 38A-- 12 omit, insert-- 13 `38A Treasurer's appropriation statement 14 `(1) This section applies to the quarterly statement the Treasurer must 15 prepare under section 38 for the fourth quarter of a financial year (the 16 "Treasurer's appropriation statement"). 17 `(2) In addition to the matters included under section 38 in the 18 Treasurer's appropriation statement, the Treasurer must include the 19 following in the statement for each department for the financial year-- 20 (a) the department's vote, and the amounts for application to the 21 department's headings, under the Annual Appropriation Acts for 22 the financial year and any change under this Act to the vote or 1 23 or more of the department's headings; 24 (b) the total amount paid to the department for the financial year and 25 the amounts allocated to the department's headings; 26 (c) the amount of the equity withdrawal received by the Treasurer 27 for the department; 28 (d) amounts paid to the department as unforeseen expenditure; 29

 


 

s 22 16 s 22 Financial Administration and Other Legislation Amendment Bill 2001 (e) amounts appropriated to the department for the financial year 1 that have lapsed under section 23(3);1 2 (f) amounts written off by the Treasurer under section 106(1)2 as 3 losses relating to the consolidated fund accounts. 4 `(3) The Treasurer's appropriation statement must not include a 5 controlled receipt appropriated under section 9.3 6 `(4) The statement must include a report on the investments made 7 relating to TISFIA4 including the balance in TISFIA, and the investments 8 held, at the end of the financial year. 9 `(5) The Treasurer must, under section 38AA, sign and give the 10 statement to the auditor-general. 11 `(6) The auditor-general must audit the statement and prepare a report 12 stating whether-- 13 (a) the auditor-general has received all the information and 14 explanations required by the auditor-general; and 15 (b) in the auditor-general's opinion-- 16 (i) the Treasurer's consolidated fund operating account and 17 Treasurer's consolidated fund investment account have been 18 properly kept under this Act; and 19 (ii) the statement is in agreement with the accounts; and 20 (iii) the statement has been properly drawn up to present a true 21 and fair view of the transactions for the accounts in, and the 22 position of the accounts at the end of, the financial year. 23 `(7) As soon as practicable after the auditor-general has prepared the 24 report, the auditor-general must give the statement and the report to the 25 Treasurer. 26 1 Section 23(3)-- (3) If all of the available amount for a financial year is not paid to the department under this section in the financial year or within the further 2 weeks, the unpaid amount of the appropriation lapses at the end of the further 2 weeks. 2 Section 106(1)-- (1) The Treasurer may write-off losses relating to the consolidated fund accounts. 3 Section 9 (Appropriation of certain controlled receipts) 4 TISFIA is the Treasury investment suspense financial-institution account under section 41(1)(b).

 


 

s 23 17 s 23 Financial Administration and Other Legislation Amendment Bill 2001 `(8) Within 14 days after the Treasurer receives the statement and the 1 report from the auditor-general, the Treasurer must table them in the 2 Legislative Assembly. 3 `38AA Timing for giving Treasurer's appropriation statement 4 to auditor-general 5 `(1) For section 38A(5), the Treasurer must sign and give the Treasurer's 6 appropriation statement to the auditor-general by a date agreed between the 7 Treasurer and the auditor-general that allows the audit of the statement, and 8 audit report for the statement, to be completed no later than 3 months after 9 the end of the financial year the statement relates to. 10 `(2) However, if the Treasurer considers there is a whole-of-government 11 reason that makes it impracticable to give the statement for the financial 12 year by the date agreed under subsection (1), the Treasurer may give the 13 statement to the auditor-general by a later date agreed with the 14 auditor-general. 15 16 Example of a whole-of-government reason-- 17 Complex end of financial year changes to the machinery of government. `(3) The later date must allow the audit of the statement, and audit report 18 for the statement, to be completed no later than 6 months after the end of 19 the financial year the statement relates to.'. 20 23 Replacement of s 38C (Under-Treasurer may require information Clause 21 for preparing consolidated whole-of-government financial 22 statement) 23 Section 38C-- 24 omit, insert-- 25 `38C Request for information for preparing consolidated 26 whole-of-government financial statement and other purposes 27 `(1) The Treasurer may exercise a power under this section only if the 28 Treasurer considers it is necessary to do so-- 29 (a) for preparing the consolidated whole-of-government financial 30 statement for a financial year; or 31 (b) for whole-of-government budgeting or monitoring purposes. 32

 


 

s 24 18 s 24 Financial Administration and Other Legislation Amendment Bill 2001 `(2) The Treasurer may, by written notice given to the accountable 1 officer of a department or to a statutory body,5 ask the officer or body to 2 give information to the Treasurer. 3 `(3) The notice must state the following-- 4 (a) particulars of the information that must be given; 5 (b) the date by which the information must be given. 6 `(4) The accountable officer or statutory body must comply with the 7 notice.'. 8 24 Amendment of s 39 (Annual report by department and short form Clause 9 annual report) 10 (1) Section 39(1)-- 11 omit, insert-- 12 `(1) Within 4 months after the end of each financial year (the 13 "preparation period")-- 14 (a) the accountable officer of a department, other than the official 15 secretary and the Clerk of the Parliament, must prepare and give 16 to the appropriate Minister a written report on the operations of 17 the department during the financial year and give a copy of the 18 report to the Treasurer; and 19 (b) the official secretary, and the Clerk of the Parliament, must 20 prepare and give to the speaker a written report on the operations 21 of the Office of the Governor and of the Legislative Assembly 22 and parliamentary service during the financial year.'. 23 (2) Section 39-- 24 insert-- 25 `(7) A set of the general purpose financial statements as mentioned in 26 subsection (4)(d) may be included in the report in an electronic form if-- 27 (a) copies of the statements are available in paper form; and 28 5 See the Government Owned Corporation Act 1993, sections 127 and 128 for the application of this section to GOCs.

 


 

s 25 19 s 26 Financial Administration and Other Legislation Amendment Bill 2001 (b) the report states, in a prominent way, that copies of the 1 statements are available in paper form and how the copies may 2 be obtained. 3 4 Example of electronic form-- 5 A CD-ROM.'. 25 Amendment of s 40 (General purpose financial statements) Clause 6 Section 40(2)-- 7 omit, insert-- 8 `(2) Section 40AA states when the accountable officer must give the 9 statements to the auditor-general.'. 10 26 Insertion of new section 40AA Clause 11 Part 2, division 7, after section 40-- 12 insert-- 13 `40AA Timing for accountable officers to give general purpose 14 financial statements to auditor-general 15 `(1) This section applies to the general purpose financial statements for a 16 financial year that an accountable officer must prepare and give to the 17 auditor-general under section 40. 18 `(2) Subject to subsection (8), the accountable officer must give the 19 statements to the auditor-general by a date agreed between the accountable 20 officer and the auditor-general. 21 `(3) The date agreed under subsection (2) must allow the audit of the 22 statements, and audit report for the statements, to be completed no later 23 than 3 months after the end of the financial year the statements relate to. 24 `(4) Subsection (5) applies if the Treasurer considers there is a 25 whole-of-government reason that makes it impracticable for an 26 accountable officer to give the statements for the financial year to the 27 auditor-general by a date that will allow the audit of the statements, and 28 audit report for the statements, to be completed no later than 3 months after 29 the end of the financial year the statements relate to. 30 31 Example of a whole-of-government reason-- 32 A State budget that is not presented until the financial year to which it relates.

 


 

s 27 20 s 28 Financial Administration and Other Legislation Amendment Bill 2001 `(5) The Treasurer may, in consultation with the accountable officer and 1 the auditor-general, decide a later date by which the accountable officer 2 must give the statements to the auditor-general. 3 `(6) The later date must allow the audit of the statements, and audit 4 report for the statements, to be completed no later than 6 months after the 5 end of the financial year the statements relate to. 6 `(7) If the Treasurer makes a decision under subsection (5), the Treasurer 7 must give written notice of the Treasurer's decision to the accountable 8 officer and to the auditor-general. 9 `(8) An accountable officer given a notice under subsection (7) must give 10 the statements to the auditor-general by the later date stated in the notice.'. 11 27 Amendment of s 40A (Treasurer's borrowing powers) Clause 12 (1) Section 40A, heading-- 13 omit, insert-- 14 `40A Borrowings by State and by accountable officers'. 15 (2) Section 40A-- 16 insert-- 17 `(3) The accountable officer of a department may, under a Treasurer's 18 approval, borrow amounts for the State from the Queensland Treasury 19 Corporation.'. 20 28 Amendment of s 40C (No-one other than Treasurer may invest) Clause 21 (1) Section 40C, heading, after `invest'-- 22 insert-- 23 `or otherwise lend an amount'. 24 (2) Section 40C(1)(b)-- 25 omit, insert-- 26 `(b) otherwise lend an amount even if lending the amount may be for 27 the department's purposes; or 28 (c) pay moneys out of a departmental financial-institution account 29 for making an investment or otherwise lending an amount under 30 paragraphs (a) or (b).'. 31

 


 

s 29 21 s 32 Financial Administration and Other Legislation Amendment Bill 2001 (3) Section 40C(2)(b), `for which approval has been obtained under 1 section 16'-- 2 omit, insert-- 3 `under a Treasurer's approval'. 4 29 Amendment of s 41A (Dealing with moneys earned on investment) Clause 5 Section 41A(3)-- 6 omit, insert-- 7 `(3) The Treasurer must arrange for the payment of the balance of the 8 investment earnings, less departmental interest to be paid under 9 subsection (2), into a departmental financial-institution account of the 10 treasury department.'. 11 30 Amendment of s 43B (Certain departments may enter into Clause 12 derivative transactions) 13 (1) Section 43B(1)(b), `with the Treasurer's approval'-- 14 omit, insert-- 15 `under a Treasurer's approval'. 16 (2) Section 43B(2)(b), `under section 43C'-- 17 omit. 18 31 Omission of s 43C (Treasurer's approval for derivative Clause 19 transactions) 20 Section 43C-- 21 omit. 22 32 Amendment of s 44 (Formation of companies by department etc. Clause 23 requires Treasurer's approval) 24 Section 44, `with the Treasurer's prior approval'-- 25 omit, insert-- 26 `under a Treasurer's approval.'. 27

 


 

s 33 22 s 35 Financial Administration and Other Legislation Amendment Bill 2001 33 Amendment of s 46 (Treasurer's unclaimed moneys fund) Clause 1 Section 46(2), `3 months'-- 2 omit, insert-- 3 `1 year'. 4 34 Amendment of s 46F (Statutory body to prepare annual Clause 5 financial statements) 6 Section 46F (2)-- 7 omit, insert-- 8 `(2) Section 46FA states when the statutory body must give the 9 statements to the auditor-general.'. 10 35 Insertion of new section 46FA Clause 11 After section 46F-- 12 insert-- 13 `46FA Timing for statutory bodies to give annual financial statements 14 to auditor-general 15 `(1) This section applies to the annual financial statements for a financial 16 year that a statutory body must prepare and give to the auditor-general 17 under section 46F. 18 `(2) Subject to subsection (8), the statutory body must give the 19 statements to the auditor-general by a date agreed between the statutory 20 body and the auditor-general. 21 `(3) The date agreed under subsection (2) must allow the audit of the 22 statements, and audit report for the statements, to be completed no later 23 than 3 months after the end of the financial year the statements relate to. 24 `(4) Subsection (5) applies if the Treasurer considers there is a 25 whole-of-government reason that makes it impracticable for a statutory 26 body to give the statements for the financial year to the auditor-general by a 27 date that will allow the audit of the statements, and audit report for the 28 statements, to be completed no later than 3 months after the end of the 29 financial year the statements relate to. 30 31 Example of a whole-of-government reason-- 32 Structural changes to 1, or more than 1, statutory body.

 


 

s 36 23 s 37 Financial Administration and Other Legislation Amendment Bill 2001 `(5) The Treasurer may, in consultation with the statutory body and the 1 auditor-general, decide a later date by which the statutory body must give 2 the statements to the auditor-general. 3 `(6) The later date must allow the audit of the statements, and audit 4 report for the statements, to be completed no later than 6 months after the 5 end of the financial year the statements relate to. 6 `(7) If the Treasurer makes a decision under subsection (5), the Treasurer 7 must give written notice of the Treasurer's decision to the statutory body 8 and to the auditor-general. 9 `(8) A statutory body given a notice under subsection (7) must give the 10 statements to the auditor-general by the later date stated in the notice.'. 11 36 Amendment of s 46J (Annual report) Clause 12 (1) Section 46J(1) `furnish'-- 13 omit, insert-- 14 `give'. 15 (2) Section 46J-- 16 insert-- 17 `(6) The annual financial statements as mentioned in subsection (3)(b) 18 may be included in the report in an electronic form if-- 19 (a) copies of the statements are available in paper form; and 20 (b) the report states, in a prominent way, that copies of the 21 statements are available in paper form and how the copies may 22 be obtained. 23 24 Example of electronic form-- 25 A CD-ROM.'. 37 Replacement of s 46K (Appropriate Minister must table reports) Clause 26 Section 46K-- 27 omit, insert-- 28

 


 

s 38 24 s 39 Financial Administration and Other Legislation Amendment Bill 2001 `46K Tabling of annual report 1 `(1) This section applies to a person to whom an annual report must be 2 given under section 39 or 46J,6 other than a copy of the report. 3 `(2) The person must table a copy of the report in the Legislative 4 Assembly within 14 days after receiving it.'. 5 38 Amendment of s 46KB (Minister to explain late tabling of Clause 6 annual report) 7 (1) Section 46KB, heading-- 8 omit, insert-- 9 `46KB Explanation of late tabling of annual report'. 10 (2) Section 46KB(1), from `the appropriate Minister' to `Assembly'-- 11 omit, insert-- 12 `the person required, under section 46K, to table in the Legislative 13 Assembly an annual report tables'. 14 (3) Section 46KB(2), `Minister'-- 15 omit, insert-- 16 `person'. 17 39 Amendment s 46KC (Procedure if Legislative Assembly not in Clause 18 session or sitting) 19 (1) Section 46KC(1), `the appropriate Minister'-- 20 omit, insert-- 21 `a person'. 22 (2) Section 46KC(1)(c), `if the Minister'-- 23 omit, insert-- 24 `if an appropriate Minister'. 25 (3) Section 46KC(1)(c), `the Minister a copy of'-- 26 6 Sections 39 (Annual report by department and short form annual report) and 46J (Annual report)

 


 

s 40 25 s 41 Financial Administration and Other Legislation Amendment Bill 2001 omit. 1 (4) Section 46KC(2), `appropriate Minister'-- 2 omit, insert-- 3 `person'. 4 40 Amendment of s 95 (Audit fees) Clause 5 Section 95(2), `with the Treasurer's approval'-- 6 omit, insert-- 7 `under a Treasurer's approval'. 8 41 Insertion of pt 6A Clause 9 After section 105-- 10 insert-- 11 `PART 6A--APPROVALS BY TREASURER 12 `Division 1--Definition and application 13 `105A Definition for pt 6A 14 `In this part-- 15 "department" includes the accountable officer of the department. 16 `105B Application of pt 6A 17 `(1) This part applies if a power under this Act may be exercised by 18 either of the following under a Treasurer's approval-- 19 (a) a department; 20 (b) a statutory body. 21 `(2) The department or statutory body may exercise the power only if-- 22 (a) an approval under division 2 applies to the department or body; 23 or 24 (b) the exercise is the subject of an approval under division 3. 25

 


 

s 41 26 s 41 Financial Administration and Other Legislation Amendment Bill 2001 `(3) This part also applies to a Treasurer's approval for section 95 and, 1 despite division 2 and section 105D(3), that approval may not be given 2 under division 2. 3 `Division 2--General approvals 4 `105C Approval may be general in nature 5 `(1) The Treasurer may, by gazette notice, approve the exercise of 6 powers under this Act by departments and statutory bodies. 7 `(2) The approval may-- 8 (a) apply generally to all departments, statutory bodies, powers and 9 matters or be limited in its application to-- 10 (i) particular departments, bodies, powers or matters; or 11 (ii) particular classes of departments, bodies, powers or matters; 12 or 13 (b) otherwise apply generally or be limited in its application by 14 reference to specified exceptions or factors. 15 `(3) Also, the approval may-- 16 (a) make different provision for different departments, statutory 17 bodies, powers or matters, or different classes of departments, 18 bodies, powers or matters; or 19 (b) apply differently to stated exceptions or factors. 20 `(4) To remove any doubt, it is declared that an approval under this 21 section may apply to a department or statutory body even though the 22 department or body was not established when the approval was given. 23 `Division 3--Specific approvals 24 `105D Way department or statutory body may apply for approval 25 `(1) A department or statutory body may apply, in writing, for the 26 Treasurer's approval of the exercise of a power under this Act. 27 `(2) The application may relate to the exercise of the power generally or 28 in relation to a particular matter. 29

 


 

s 41 27 s 41 Financial Administration and Other Legislation Amendment Bill 2001 `(3) If the Treasurer considers the approval should be given under 1 division 2, the Treasurer may deal with the application by giving an 2 approval under that division applying to the applicant. 3 `(4) The Treasurer may exercise the power to amend or repeal an 4 approval under this division even if the department or statutory body does 5 not apply for the amendment or repeal. 6 `(5) However, the amendment or repeal of an approval under this 7 division does not affect its previous operation. 8 `105E Treasurer may ask for documents 9 `The Treasurer may, by written notice to the department or statutory 10 body, require it to give the Treasurer a document or information the 11 Treasurer considers necessary for considering the department's or the 12 body's application. 13 `105F Decision on application 14 `(1) The Treasurer may approve the application, entirely or partly, or 15 refuse the application. 16 `(2) An approval may be on written conditions the Treasurer considers 17 necessary or desirable. 18 `(3) The Treasurer must inform the applicant, in writing, of the decision 19 and, if the application is approved, any conditions of the approval. 20 `105G Register of approvals 21 `A department or statutory body must keep a register of the Treasurer's 22 approvals under this division for the department's or the body's exercise of 23 a power. 24 `Division 4--Offences relating to certain documents 25 `105H False or misleading documents 26 `(1) A person must not give a document under section 105D or 105E to 27 the Treasurer containing information the person knows is false or 28 misleading in a material particular. 29

 


 

s 42 28 s 42 Financial Administration and Other Legislation Amendment Bill 2001 Maximum penalty--50 penalty units. 1 `(2) Subsection (1) does not apply to a person if the person, when giving 2 the document-- 3 (a) advises the Treasurer, in writing, to the best of the person's 4 ability, how it is false or misleading; and 5 (b) gives the correct information if the person has, or can reasonably 6 obtain, the correct information. 7 `(3) It is enough for a complaint against a person for an offence against 8 subsection (1) to state that the document was, without specifying which, 9 `false or misleading'. 10 `105I False information 11 `(1) A person must not give information under section 105E to the 12 Treasurer the person knows is false or misleading in a material particular. 13 Maximum penalty--50 penalty units. 14 `(2) It is enough for a complaint against a person for an offence against 15 subsection (1) to state that the document was, without specifying which, 16 `false or misleading'.'. 17 42 Amendment of s 109 (Delegation by Treasurer of certain powers) Clause 18 Section 109(2), from `40A'-- 19 omit, insert-- 20 `38A, 38AA, 38C, 40AA, 40A, 41, 41A, 46(4) and 46FA.7'. 21 7 Sections 14 (Moneys to be kept at financial institution), 16 (Overdrafts), 18 (Departmental financial-institution accounts), 38A (Treasurer's appropriation statement), 38AA (Timing for giving Treasurer's appropriation statement to auditor-general), 38C (Request for information for preparing consolidated whole-of-government financial statement and other purposes), 40AA (Timing for accountable officers to give general purpose financial statements to auditor-general), 40A (Borrowings by State and by accountable officers), 41 (Investment of surplus moneys), 41A (Dealing with moneys earned on investment), 46 (Treasurer's unclaimed moneys fund) and 46FA (Timing for statutory bodies to give annual financial statements to auditor-general).

 


 

s 43 29 s 43 Financial Administration and Other Legislation Amendment Bill 2001 43 Insertion of new pt 8, div 3 Clause 1 After section 135-- 2 insert-- 3 `Division 3--Transitional provisions for Financial Administration and 4 Other Legislation Amendment Act 2001 5 `136 Definitions for div 3 6 `In this division-- 7 "amendment Act" means the Financial Administration and Other 8 Legislation Amendment Act 2001. 9 "commencement" means the commencement of this section. 10 "post-amended Act" means this Act after the commencement. 11 "pre-amended Act" means this Act as in force immediately before the 12 commencement. 13 `137 General statement about effect of pre-amended Act to 2000-2001 14 financial year 15 `(1) Subsection (2) is subject to subsection (3), the other provisions of 16 this division and any Appropriation Act for the 2000-2001 financial year. 17 `(2) The pre-amended Act continues to have effect as if the amendment 18 Act had not commenced, to the extent that-- 19 (a) matters that would have had to be done in relation to the 20 2000-2001 financial year must be done under the pre-amended 21 Act; and 22 (b) powers under the pre-amended Act may be exercised for the 23 purposes of those matters. 24 `(3) Sections 23, 38, 38A, 38AA, 38C, 39, 40, 40AA, 46F, 46FA, 46K, 25 46KB and 46KC of the post-amended Act apply in relation to the 26 2000-2001 financial year. 27

 


 

s 44 30 s 44 Financial Administration and Other Legislation Amendment Bill 2001 `138 Meaning of words in provisions of pre-amended Act applying 1 after commencement 2 `Words used in a provision of the pre-amended Act applying after the 3 commencement under this division have the meanings the words have 4 under the pre-amended Act. 5 `139 Approvals under the pre-amended Act to continue 6 `(1) This section applies to an approval given to a department, to the 7 accountable officer of a department or to a statutory body, by the Treasurer 8 before the commencement under any of the following provisions of the 9 pre-amended Act-- 10 section 14(c) 11 section 16 12 section 30 13 section 43C 14 section 44 15 section 95(2). 16 `(2) The approval is an approval under part 6A, division 3 of the 17 post-amended Act for the department, accountable officer or statutory 18 body. 19 `140 Bills for Annual Appropriation Acts for 2001-2002 financial year 20 `If, before the commencement, the Treasurer complies with 21 section 21(1) of the pre-amended Act for the 2001-2002 financial year-- 22 (a) the Bill for departments, other than the Legislative Assembly and 23 parliamentary service, is the Bill for the ordinary Annual 24 Appropriation Act for the 2001-2002 financial year; and 25 (b) the Bill for the Legislative Assembly and parliamentary service is 26 the Bill for the parliamentary Annual Appropriation Act for the 27 2001-2002 financial year.'. 28 44 Amendment of sch 1 (Other accountable officers for certain Clause 29 bodies) 30 (1) Schedule 1, `35A'-- 31

 


 

s 45 31 s 45 Financial Administration and Other Legislation Amendment Bill 2001 omit, insert-- 1 `35B'. 2 (2) Schedule 1-- 3 insert-- 4 `Electoral commissioner Electoral Commission of Queensland'. 45 Amendment of sch 3 (Dictionary) Clause 5 (1) Schedule 3, definitions "Annual Appropriation Act", "annual report", 6 "controlled entity", "departmental outputs" and "equity adjustment"-- 7 omit. 8 (2) Schedule 3-- 9 insert-- 10 ` "Annual Appropriation Act" see section 3(1). 11 "Annual Appropriation Acts" see section 3(4). 12 "annual report" means-- 13 (a) a department's report prepared and given under section 39 to the 14 appropriate Minister for the department or the speaker; or 15 (b) a statutory body's report prepared and given under section 46J to 16 the appropriate Minister. 17 "audit report" means-- 18 (a) a report of the auditor-general prepared under section 40 relating 19 to the general purpose financial statements of a department; or 20 (b) a report of the auditor-general under section 46G relating to the 21 annual financial statements of a statutory body. 22 "departmental outputs" means discrete services or other products, 23 including policy advice, that a department delivers to its external 24 clients. 25 "equity adjustment", for a financial year, means either of the following-- 26 (a) an equity injection to a department for the financial year, 27 including a negative amount; 28

 


 

s 45 32 s 45 Financial Administration and Other Legislation Amendment Bill 2001 (b) an equity withdrawal from a department for the financial year, 1 including a negative amount. 2 "official secretary" means the person holding the position of official 3 secretary of the Office of the Governor. 4 "ordinary Annual Appropriation Act" see section 3(2). 5 "parliamentary Annual Appropriation Act" see section 3(3). 6 "parliamentary service" means the parliamentary service established by 7 the Parliamentary Service Act 1988, section 23. 8 "Treasurer's approval" means an approval of the Treasurer under 9 part 6A.'. 10 (3) Schedule 3, definition "accountable officer", `or 35A'-- 11 insert-- 12 `, 35A or 35B'. 13 (4) Schedule 3, definition "equity injection", `the Annual Appropriation 14 Act'-- 15 omit, insert-- 16 `an Annual Appropriation Act'. 17 (5) Schedule 3, definition "non-departmental outputs", `an Annual'-- 18 omit, insert-- 19 `an ordinary Annual'. 20 (6) Schedule 3, definition "public sector entity", paragraph (d)-- 21 omit, insert-- 22 `(d) an entity that is controlled by 1, or more than 1, department, local 23 government or statutory body or by a combination of 24 departments, local governments and statutory bodies. 25 26 Example for paragraph (d)-- 27 If the combined shareholding of a department and a statutory body in an entity allows 28 the department and statutory body to control the entity, the entity is a public sector 29 entity even if a private company is involved in the ownership or control of the entity.'.

 


 

s 46 33 s 48 Financial Administration and Other Legislation Amendment Bill 2001 PART 3--AMENDMENT OF THE GOVERNMENT 1 OWNED CORPORATIONS ACT 1993 2 46 Act amended in pt 3 Clause 3 This part amends the Government Owned Corporations Act 1993. 4 47 Amendment of s 128 (Application of Financial Administration Clause 5 and Audit Act) 6 (1) Section 128-- 7 insert-- 8 `(1A) Also, section 38C of the Act applies to the following-- 9 (a) a company GOC; 10 (b) a company GOC subsidiary prescribed under a regulation.'. 11 (2) Section 128(2), `The Act applies'-- 12 omit, insert-- 13 `The provisions of the Act, that apply under subsection (1) or (1A), 14 apply'. 15 (3) Section 128(3), after `other than'-- 16 insert-- 17 `section 38C and'. 18 PART 4--MINOR AMENDMENTS OF OTHER ACTS 19 ADMINISTERED BY THE TREASURER 20 48 Minor amendments of other legislation administered by the Clause 21 Treasurer 22 The schedule amends the Acts it mentions. 23

 


 

s 48 34 s 48 Financial Administration and Other Legislation Amendment Bill 2001 SCHEDULE 1 MINOR AMENDMENTS 2 section 48 3 GST AND RELATED MATTERS ACT 2000 4 1 Section 4(1), `schedule 1'-- 5 omit, insert-- 6 `the schedule'. 7 2 Schedule 1, heading, `1' -- 8 omit. 9 PUBLIC OFFICERS SUPERANNUATION BENEFITS 10 RECOVERY ACT 1988 11 1 Section 4(1), definition "interest", from `pursuant' to `73'-- 12 omit, insert-- 13 `under the Supreme Court Act 1995, section 48(1)'. 14 QUEENSLAND COMPETITION AUTHORITY ACT 1997 15 1 Section 115D, heading, `subdiv'-- 16 omit, insert-- 17 `sdiv'. 18

 


 

35 Financial Administration and Other Legislation Amendment Bill 2001 SCHEDULE (continued) 2 Sections 170ZZ and 170ZZI, heading, `subdiv'-- 1 omit, insert-- 2 `subdivision'. 3 3 Section 236(1), definition "representative", paragraph (a), after 4 `;'-- 5 insert-- 6 `or'. 7 4 Section 236(1), definition "state of mind", `of a person'-- 8 omit, insert-- 9 `, of a person,'. 10 QUEENSLAND INVESTMENT CORPORATION ACT 11 1991 12 1 Section 3, definition "related body corporate", `of another body 13 corporate'-- 14 omit, insert-- 15 `, of another body corporate,'. 16 2 Section 3, definition "relative", `of a person'-- 17 omit, insert-- 18 `, of a person,'. 19

 


 

36 Financial Administration and Other Legislation Amendment Bill 2001 SCHEDULE (continued) 3 Section 15(2) `the following powers'-- 1 omit, insert-- 2 `power'. 3 4 Schedule, `sections 40 and 44 of this Act'-- 4 omit, insert-- 5 `sections 40 and 44'. 6 SUPERANNUATION (STATE PUBLIC SECTOR) ACT 7 1990 8 1 Section 14(i), after `including'-- 9 insert-- 10 `the following'. 11 2 Section 14(i)(vi)(A), (B) and (C), after `employment;'-- 12 insert-- 13 `and'. 14 15 16 State of Queensland 2001

 


[Index] [Search] [Download] [Related Items] [Help]