📜 Local Government Regulations Amendment Regulations 2023
RegulationsSL 2023/10630 June 2023
Principal Act
These regulations amend the Local Government (Financial Management) Regulations 1996. Key changes include revised definitions, new requirements for reporting payments made via purchasing cards, and modifications to annual budget and financial reporting requirements, including reserve account details.
Local governments are affected by the changes to financial reporting, budgeting, and purchasing card payment processes. They will need to adjust their internal procedures and reporting templates to comply with the new requirements. Employees using purchasing cards will be subject to new reporting requirements.
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