Audit Act 1906 (Cth)

AUDIT.

No. 8 of 1906.

An Act to amend the Audit Act 1901.

[Assented to 24th September, 1906.]

BE it enacted by the King's Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and incorporation. 1. This Act may be cited as the Audit Act 1906, and this Act and the Audit Act. 1901 (in this Act referred to as the Principal Act) shall be read together and may together be cited as the Audit Acts 1901-1906.

Application of Act to past transactions. 2. Anything done before the commencement of this Act which would have been valid if done in pursuance of the Principal Act as amended by this Act shall be as valid and effectual as if done in pursuance of the Principal Act as so amended.

Alteration of "Public Accountant" to "Accounting Officer" 3. The Principal Act is amended by omitting from section two thereof in definition (d) the words "Public Accountant," and inserting in lieu thereof the words "Accounting Officer," and by omitting from all other parts and sections thereof the words "Public Accountant" or "Public Accountants" wherever those words occur, and inserting in lieu thereof the words "Accounting Officer" or "Accounting Officers," as the case requires.

New definition. 4. Section two of the Principal Act is amended by adding thereto the following definition:— "(g) 'Guarantee Fund' means the Guarantee Fund established for guaranteeing the Commonwealth against loss arising from the fraud or want of fidelity of officers."

New section. 5. After section twenty-six of the. Principal Act the following section is inserted:—

Use of Money Order Account for payment and receipt of moneys. "26a. Notwithstanding anything contained in this Act, the Money Order Account may, subject to the direction of the Treasurer, be used for the receipt or payment of any public moneys."