Second Reading Speeches

Financial Framework Legislation Amendment Bill (No. 3) 2012

Type
Government
Portfolio
Finance and Deregulation
Originating house
House of Representatives
Status
Act
Parliament no
43

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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.

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