📜 Financial Legislation Amendment Bill 2021
Assented toLABill 812 May 2021
The Financial Legislation Amendment Bill 2021 amends the Financial Management Act 2006, the Government Financial Responsibility Act 2000, and the Loan Act 2017 to enhance governance, accountability, and efficiency in Western Australia's financial management framework.
Impact
The bill affects Western Australian government agencies and departments by changing how they manage finances, prepare budgets, and report financial information. It aims to improve accountability and efficiency in the public sector.
Key Changes
["Updates definitions related to annual estimates and resource agreements.", "Modifies the process for Treasurer to make payments when supply is not granted.", "Replaces the existing division related to annual estimates of agencies."]
Parliamentary Progress
- LA Second Reading MovedLA12 May 2021
- LA IntroducedLA12 May 2021
- LA Third ReadingLA17 June 2021
- LC Second Reading MovedLC17 June 2021
- LA Second Reading AgreedLA17 June 2021
- LC Second Reading AgreedLC12 Aug 2021
- LC Third ReadingLC18 Aug 2021
- Royal Assent24 Aug 2021
Affected Sectors
financepublic_sector
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