Financial Management Legislation Amendment Act 1999 (Cth)

Financial Management Legislation Amendment Act 1999

No. 20, 1999

Financial Management Legislation Amendment Act 1999

No. 20, 1999

An Act to amend legislation relating to Commonwealth financial management, and for related purposes

Contents

Part 1—Preliminary 1 Short title................................... 2 Commencement............................... 3 Definitions..................................

Part 2—Amendments 4 Schedule(s)..................................

Part 3—Transitional and miscellaneous 5 Conversion of RMF components and CAF components........ 6 Transitional provisions for the Loan Fund................ 7 Instruments referring to payments into the Consolidated Revenue Fund 8 Quarterly statements sufficient during transitional period....... 9 Regulations..................................

Schedule 1—Amendments and repeals Financial Management and Accountability Act 1997 Loan Consolidation and Investment Reserve Act 1955

Financial Management Legislation Amendment Act 1999

No. 20, 1999

An Act to amend legislation relating to Commonwealth financial management, and for related purposes

The Parliament of Australia enacts:

Part 1—Preliminary

1 Short title

This Act may be cited as the Financial Management Legislation Amendment Act 1999.

2 Commencement

(1) If this Act receives the Royal Assent before 1 May 1999, then this Act commences on 1 July 1999.

(2) Subject to subsection (3), if this Act receives the Royal Assent on or after 1 May 1999 then it commences on a day to be fixed by Proclamation. The day must be the first day of a quarter.

(3) If this Act receives the Royal Assent on or after 1 May 1999 but does not commence under subsection (2) within the period of 6 months beginning on the day on which it receives the Royal Assent, then it commences on the first day of the third quarter after the quarter in which it receives the Royal Assent.