Homeโ€บBillsโ€บBill 12

๐Ÿ“œ Financial Administration Legislation Amendment Bill 2005

Assented toLABill 1229 March 2005

The Financial Administration Legislation Amendment Bill 2005 amends the Financial Administration and Audit Act 1985 and the Government Financial Responsibility Act 2000 to streamline financial reporting, adjust the roles of Principal Accounting Officers, and improve access to funds for agency payroll.

Impact

Government departments and statutory authorities will be affected by changes to financial reporting requirements and processes. The public will see changes in the frequency and type of financial reports released by the Treasurer. Principal Accounting Officers will have expanded roles.

Key Changes

["Reduces the number of financial reports by the Treasurer.", "Tightens the timing of financial reports by the Treasurer and agencies.", "Amends the title and role of Principal Accounting Officers to Chief Finance Officer."]

Parliamentary Progress

  1. LA IntroducedLA29 Mar 2005
  2. LA Second Reading MovedLA7 Apr 2005
  3. LA Second Reading AgreedLA28 Apr 2005
  4. LA AmendedLA3 May 2005
  5. LA Consideration in DetailLA3 May 2005
  6. LA Third ReadingLA5 May 2005
  7. LC Second Reading MovedLC6 May 2005
  8. LC AmendedLC23 June 2005
  9. LC Third ReadingLC23 June 2005
  10. LC Second Reading AgreedLC23 June 2005
Affected Sectors
financepublic_sector

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