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• Financial Framework Legislation Amendment Bill 2008

  Track (What's this?)

  Date

  26 Jun 2008 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Deregulation 

  Summary

  Amends the

  Financial Management and Accountability Act 1997

  to further simplify the internal government financial management framework and makes consequential amendments to the

  Albury-Wodonga Development Act 1973

  ,

  Public Service Act 1999

  ,

  Reserve Bank Act 1959

  and

  Defence Home Ownership Assistance Scheme Act 2008

  . Also effects a transfer of funding for the Water Smart Australia program from the National Water Commission to the Department of the Environment, Water, Heritage and the Arts. 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill 2005

  Track (What's this?)

  Date

  01 Dec 2004 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Administration 

  Summary

  Further to the accrual budgeting and reporting framework introduced by the

  Financial Management Legislation Amendment Act 1999

  , the bill amends 112 Acts, including the

  Commonwealth Authorities and Companies Act 1997

  and

  Financial Management and Accountability Act 1997

  , to: update, clarify and align financial management and reporting provisions applying to Commonwealth entities; expand information requirements for special account determinations; and transfer from the Treasurer to the Finance Minister powers and functions to approve investments, money raising and guarantees for certain bodies (including power to delegate these powers and functions). Also repeals 28 redundant Acts. 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill 2004

  Track (What's this?)

  Date

  11 Aug 2004 

  Chamber

  House of Representatives 

  Status

  Not Proceeding 

  Portfolio

  Finance and Administration 

  Summary

  Further to the accrual budgeting and reporting framework introduced by the

  Financial Management Legislation Amendment Act 1999

  , the bill amends 112 Acts, including the

  Commonwealth Authorities and Companies Act 1997

  and

  Financial Management and Accountability Act 1997

  , to: update, clarify and align financial management and reporting provisions applying to Commonwealth entities; expand information requirements for special account determinations; and transfer from the Treasurer to the Finance Minister powers and functions to approve investments, money raising and guarantees for certain bodies (including power to delegate these powers and functions). Also repeals 28 redundant Acts and contains saving provisions. 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill (No. 4) 2012

  Track (What's this?)

  Date

  29 Nov 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Deregulation 

  Summary

  Amends the:

  Commonwealth Authorities and Companies Act 1997

  to replace references to ‘Commonwealth Procurement Guidelines’ with ‘guidelines in relation to procurement’;

  Environment Protection and Biodiversity Conservation Act 1999

  to enable the Director of National Parks to enter into contracts with a threshold of $1 million without seeking the minister’s approval;

  Ozone Protection and Synthetic Greenhouse Gas Management Act 1989

  to establish a special appropriation for the purpose of making remissions or refunds of import levies and manufacture levies, including those related to synthetic greenhouse gas management equipment;

  Papua New Guinea (Staffing Assistance) Act 1973

  to establish a framework for dealing with overpayments, and to address instances where payments are made from an appropriation to recipients, that are not, in practice, consistent with the requirements or preconditions imposed by the Act and risk breaching section 83 of the Constitution; and

  Public Accounts and Audit Committee Act 1951

  to reflect gender neutral terms. 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill (No. 3) 2012

  Track (What's this?)

  Date

  26 Jun 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Deregulation 

  Summary

  Responds to the High Court’s decision in

  Williams v Commonwealth

  [2012] HCA 23 by amending the:

  Financial Management and Accountability Act 1997

  (FMA Act) to empower the Commonwealth, where authority does not otherwise exist, to make, vary or administer arrangements under which public money is or may become payable, or to make grants of financial assistance, including payments or grants for the purposes of particular programs, where those arrangements or grants are specified in regulations;

  Administrative Decisions (Judicial Review) Act 1977

  to clarify that decisions made under these provisions of the FMA Act are not subject to judicial review; and Financial Management and Accountability Regulations 1997 to specify, for the purposes of these provisions of the FMA Act, arrangements, grants and programs. 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill (No. 2) 2013

  Track (What's this?)

  Date

  13 Mar 2013 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Deregulation 

  Summary

  The bill: amends the:

  Administrative Decisions (Judicial Review) Act 1977

  to provide that decisions made under the proposed amendment to the

  Financial Management and Accountability Act 1997

  are not subject to administrative review;

  Financial Management and Accountability Act 1997

  to authorise the Commonwealth to form or participate in forming companies and to acquire shares in, or become a member of a company, if the proposed company and its objects or proposed activities are specified in the Financial Management and Accountability Regulations 1997;

  Social Security Act 1991

  to provide for recoverable payments and recoverable death payments for payments made under the Australian Government Disaster Recovery Payments scheme;

  Judges’ Pensions Act 1968

  and

  Remuneration Tribunal Act 1973

  to establish recoverable payments and recoverable death payments; and Financial Management and Accountability Regulations 1997 to specify a list of existing Commonwealth-owned companies; and enables deferred tax asset relief to be provided to the Commonwealth Superannuation Corporation in relation to the transfer of assets from the Military Superannuation and Benefits Fund to the ARIA Investments Trust. 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill (No. 2) 2012

  Track (What's this?)

  Date

  30 May 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Deregulation 

  Summary

  Amends: nine Acts to provide a mechanism (a ‘recoverable payment’) to provide authority for inadvertent overpayments of certain benefits and for their recovery;

  Taxation Administration Act 1953

  to enable the Commissioner of Taxation to make a ‘recoverable advance’ of an amount to which the recipient may become entitled to in future because the likely cost of not making these payments would exceed the total of the advance; seven Acts to authorise the Commonwealth to make ‘recoverable death payments’ to recipients until ComSuper or the relevant secretary is notified of the recipient’s death; eight Acts to require that where recoverable payments, advances or death payments are made, the relevant secretary or chief executive ensures that a report is published; 11 Acts to align administrative processes for making certain payments with the relevant legislation;

  ComSuper Act 2011

  to enable the Chief Executive Officer to delegate certain functions and powers;

  National Residue Survey Administration Act 1992

  to clarify that an expenditure program may be approved by the minister after payments are required to be made; and

  Superannuation Act 1976

  to clarify that the Commonwealth Superannuation Corporation’s (CSC) ability to recover amounts of benefit paid applies only to amounts paid by CSC. Also validates certain benefits under the

  Defence Force Retirement and Death Benefits Act 1973

  to regularise the treatment of certain benefit recipients. 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill (No. 1) 2012

  Track (What's this?)

  Date

  16 Feb 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Deregulation 

  Summary

  Amends the:

  Auditor-General Act 1997

  to clarify that the Auditor-General may accept an appointment under the

  Corporations Act 2001

  as an auditor of any Commonwealth controlled company;

  Commonwealth Authorities and Companies Act 1997

  to: ensure that directors of Commonwealth authorities and wholly-owned Commonwealth companies prepare Budget estimates as directed by the Finance Minister; and ensure that directors of Commonwealth authorities and wholly-owned Commonwealth companies notify the responsible minister of decisions to undertake certain significant events;

  Financial Framework Legislation Amendment Act 2010

  to make technical amendments; and

  Financial Management and Accountability Act 1997

  to: enable the Finance Minister to clarify the day on which a special account determination commences; focus the operation of drawing rights on payments and remove the penalty relating to drawing rights; enable the Finance Minister, on behalf of the Commonwealth, to exercise a discretion to ‘set-off’ amounts owed to the Commonwealth with amounts payable to the Commonwealth; and provide that the Finance Minister cannot delegate certain powers or functions. Also repeals the

  Appropriation (Development Bank) Act 1975

  and

  Car Dealership Financing Guarantee Appropriation Act 2009

  . 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill (No. 1) 2011

  Track (What's this?)

  Date

  02 Jun 2011 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Deregulation 

  Summary

  Amends the:

  Commonwealth Authorities and Companies Act 1997

  to move the details for corporate plans of a government business enterprise into the Commonwealth Authorities and Companies Regulations 1997;

  Financial Management and Accountability Act 1997

  to: provide for sunsetting and disallowance arrangements of various legislative instruments; provide that Chief Executive’s instructions are not legislative instruments; and clarify that the external auditor of a Financial Management and Accountability Act agency is the Auditor-General;

  Legislative Instruments Act 2003

  to make consequential amendments;

  Primary Industries (Excise) Levies Act 1999

  ,

  Renewable Energy (Electricity) Act 2000

  and

  Science and Industry Research Act 1949

  to make technical amendments;

  Wheat Export Marketing Act 2008

  to expand the circumstances in which amounts can be credited to the Wheat Exports Australia Special Account; and

  Wine Australia Corporation Act 1980

  to provide: when the Wine Australia Corporation must provide an annual operation plan to the responsible minister; and that members are appointed to the Geographical Indications Committee for no longer than three years. 

  Bill | Explanatory Memorandum

• Financial Framework Legislation Amendment Bill (No. 1) 2007

  Track (What's this?)

  Date

  10 May 2007 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Finance and Administration 

  Summary

  Amends the

  Financial Management and Accountability Act 1997

  to simplify the internal government financial management framework and address issues relating to the management of appropriations. Also makes consequential amendments to the

  Auditor-General Act 1997

  and

  Legislative Instruments Act 2003

  . 

  Bill | Explanatory Memorandum