Financial Management Act 1995

The Administrator may make regulations, not inconsistent with this Act, prescribing all matters:

(b) necessary or convenient to be prescribed for carrying out or giving effect to this Act,

and in particular for or in relation to:

(c) the collection, receipt, custody, issue, expenditure, due accounting for and care and management of all moneys by or on behalf of the Territory or an Agency and whether inside or outside of Australia;

(d) the recording, examination, inspection and checking of all receipts and expenditures and the keeping of all necessary accounts and records;

(f) the custody, issue, sale or other disposal and writing off of property and the proper accounting for and stocktaking of that property;

(g) the liability of persons for or in relation to the loss of money or property of the Territory or an Agency and the repair and replacement of property damaged or destroyed;

(k) the inspection and examination by a person other than the Auditor-General and the checking of books, accounts, statements, returns, records and vouchers prepared and kept outside Australia in respect of money and property referred to in paragraph (c) outside of Australia;

(m) the issue of securities or kinds of securities in relation to borrowings by the Territory, Agencies or other statutory corporations;

(r) the conduct and management of registries established for the purposes of this Act; and

(s) imposing penalties, not exceeding 50 penalty units, for a breach of the Regulations.