Public Governance, Performance and Accountability Act 2013
Ministers
55(1)
A Minister who receives relevant money (other than relevant money that is to be held for the purposes of making payments in relation to the Minister ' s official duties) must give the money to an official of a non-corporate Commonwealth entity as soon as is practicable.
Officials receiving bankable money
55(2)
An official of a Commonwealth entity who receives relevant money that can be deposited in a bank (bankable money) must: (a) deposit the bankable money in a bank:
(i) within the period prescribed by the rules or, if the rules do not prescribe a period, as soon as is practicable; and
(b) otherwise deal with the bankable money in accordance with any requirements prescribed by the rules.
(ii) in accordance with any requirements prescribed by the rules; or
Officials receiving unbankable money
55(3)
The rules may prescribe matters relating to relevant money that: (a) is received by an official of a Commonwealth entity; and (b) is not bankable money.
Application of section
55(4)
To avoid doubt, this section applies to money that becomes relevant money on receipt by a Minister or an official of a Commonwealth entity.
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