📜 Financial Legislation Amendment and Repeal Bill 2006
Assented toLABill 15029 June 2006
The Financial Legislation Amendment and Repeal Bill 2006 makes consequential amendments and transitional provisions to various statutes due to the enactment of the Financial Management Bill 2006 and Auditor General Bill 2006, and repeals the Financial Administration and Audit Act 1985.
Impact
Government departments, statutory authorities, and government business enterprises are affected. The bill ensures consistency and alignment of financial processes with the Government's budget process.
Key Changes
["Repeals the Financial Administration and Audit Act 1985.", "Changes the name 'Consolidated Fund' to 'Consolidated Account'.", "Changes the title 'accountable officer' to 'accountable authority'.", "Gives the Treasurer discretion over the timing of Strategic Development Plans and Statements of Corporate Intent for government business enterprises."]
Parliamentary Progress
- LA IntroducedLA29 June 2006
- LA Second Reading MovedLA29 June 2006
- LA Second Reading AgreedLA24 Aug 2006
- LA Third ReadingLA20 Sept 2006
- LA Consideration in DetailLA20 Sept 2006
- LC Second Reading MovedLC21 Sept 2006
- LC Second Reading AgreedLC7 Dec 2006
- LC AmendedLC7 Dec 2006
- LC Third ReadingLC7 Dec 2006
Affected Sectors
financepublic_sector
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