Public Governance, Performance and Accountability (Consequential and Transitional Provisions) Act 2014 (62 of 2014)

Schedule 2   Amendment of the Financial Management and Accountability Act 1997

Part 1   Amendments

Financial Management and Accountability Act 1997

25   At the end of Part 5

Add:

40 Finance Minister may delegate powers

(1) The Finance Minister may, by written instrument, delegate to an accountable authority of a non-corporate Commonwealth entity the Finance Minister’s powers or functions under section 39B.

(2) In exercising powers or functions under a delegation, the delegate must comply with any directions of the Finance Minister.

41 Executive power of the Commonwealth

This Part does not, by implication, limit the executive power of the Commonwealth.