House of Representatives

Financial Framework Legislation Amendment Bill 2004

Explanatory Memorandum

(Circulated by authority of the Minister for Finance and Administration, Senator the Honourable Nick Minchin)

Table of Abbreviations and Common Terms

Abbreviation or Common Term Full Term or Description
Agency An agency that is subject to the FMA Act, that is a Department of State, a Department of the Parliament or a prescribed Agency under the Financial Management and Accountability Regulations 1997
CAC Act Commonwealth Authorities and Companies Act 1997
CAC Act authority A statutory authority that is subject to the CAC Act
CAF Commercial Activities Fund - abolished on 1 July 1999 by the FMLA Act 99
CRF Consolidated Revenue Fund
Draft FFLA Bill Exposure Draft of the Financial Framework Legislation Amendment Bill, dated 18 February 2003, examined in JCPAA Report 395
FFLA Bill Financial Framework Legislation Amendment Bill 2004
Finance Department of Finance and Administration
Finance Minister Minister for Finance and Administration - previously the Minister for Finance
FMA Act Financial Management and Accountability Act 1997
FMLA Act 99 Financial Management Legislation Amendment Act 1999
JCPAA Joint Committee of Public Accounts and Audit
JCPAA Report 395 Report 395 of the Joint Committee of Public Accounts and Audit, Inquiry into the Draft Financial Framework Legislation Amendment Bill, tabled 20 August 2003
RMF Reserved Money Fund - abolished on 1 July 1999 by the FMLA Act 99


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