Government Sector Audit Act 1983 (NSW)

Government Sector Audit Act 1983 No 152

An Act to make provision with respect to the audit of government sector finances and the establishment and functions of the Public Accounts Committee; and for other purposes.

Part 1 Preliminary

1 Name of Act This Act may be cited as the Government Sector Audit Act 1983.

2 Commencement (1) Part 1, Divisions 1 and 4 of Part 2, section 34 and Division 5 of Part 3 shall be deemed to have commenced on 1 July 1983. (2) Except as provided by subsection (1), this Act shall commence on such day as may be appointed by the Governor in respect thereof and as may be notified by proclamation published in the Gazette.

3 Principal objects of Act The principal objects of this Act are— (a) to recognise that the Auditor-General is an independent and accountable statutory officer responsible for providing independent audit and audit-related services, and (b) to establish the Audit Office of New South Wales to assist the Auditor-General in the exercise of the Auditor-General's functions.

4 Definitions (1) In this Act— accountable authority, in relation to an auditable entity, means— (a) for a GSF agency—the accountable authority for the GSF agency within the meaning of the Government Sector Finance Act 2018, or (b) for a university or any of its controlled entities—the accountable authority for the university or its controlled entities within the meaning of the Government Sector Finance Act 2018, or (c) for any other entity—the person who is the chief executive officer (however described) of the entity or otherwise responsible for the entity's day to day management or any other person prescribed by the regulations. annual GSF financial statements for a reporting GSF agency has the same meaning as in the Government Sector Finance Act 2018. Audit Office means the Audit Office of New South Wales established by this Act. auditable entity means each of the following— (a) a GSF agency (whether or not a reporting GSF agency), (b) a university or any of its controlled entities (within the meaning of the Government Sector Finance Act 2018), (c) any other entity— (i) the financial reports or statements of which are subject to audit by the Auditor-General under this Act, the Government Sector Finance Act 2018 or any other Act, or (ii) that is prescribed by the regulations to be an auditable entity. auditor means a person appointed to be an auditor pursuant to section 35. Australian Auditing Standards means the standards issued by the Auditing and Assurance Standards Board, as in force from time to time. banking account and banking service have the same meanings as in the Government Sector Finance Act 2018. Consolidated State Financial Statements has the same meaning as in the Government Sector Finance Act 2018. controlled entity has the same meaning as in the Government Sector Finance Act 2018. entity has the same meaning as in the Government Sector Finance Act 2018. function includes a power, authority or duty, and exercise a function includes perform a duty. GSF agency has the same meaning as in the Government Sector Finance Act 2018. government money has the same meaning as in the Government Sector Finance Act 2018, and includes anything that was public money within the meaning of this Act immediately before the definition of public money was omitted by the substitution of this section by the Government Sector Finance Legislation (Repeal and Amendment) Act 2018. government officer has the same meaning as in the Government Sector Finance Act 2018. government property has the same meaning as in the Government Sector Finance Act 2018. government resources has the same meaning as in the Government Sector Finance Act 2018. money includes— (a) any instrument ordering or authorising the payment of money if it is an instrument of a kind that may be lodged with an authorised deposit-taking institution for the purpose of enabling it to collect money so payable and credit that money to a banking account with it, and (b) a bill of exchange, postal order, money order and promissory note. prescribed requirements, in relation to a GSF agency, means— (a) requirements prescribed by or under this Act, the Government Sector Finance Act 2018 or any other law applying to the agency, and (b) any Treasurer's directions applying to the agency. related money has the same meaning as in the Government Sector Finance Act 2018. reporting GSF agency has the same meaning as in the Government Sector Finance Act 2018. responsible Minister, in relation to auditable entity, means— (a) for a GSF agency—the responsible Minister for the GSF agency within the meaning of the Government Sector Finance Act 2018, or (b) for a university or any of its controlled entities (within the meaning of the Government Sector Finance Act 2018)—the Minister administering the Act under which the university is established, or (c) for any other entity—the Minister having the administration of the Act by or under which the entity is appointed, constituted or regulated or any other Minister that is prescribed by the regulations. Special Deposits Account has the same meaning as in the Government Sector Finance Act 2018. Treasurer's directions has the same meaning as in the Government Sector Finance Act 2018.