Financial controller
317 Financial controller
(1) The CEO of the Agency may, by Gazette notice, appoint a financial controller for a local government body if the CEO of the Agency considers the body is not:
performing its financial responsibilities appropriately; or
complying with this Act.
A financial controller is responsible for:
(a) implementing financial controls as directed by the CEO of the Agency; and
(b) performing other related duties as directed by the CEO of the Agency.
(3) The local government body must cooperate fully with the financial controller.
(4) If a financial controller is appointed, the local government body must obtain the financial controller's authorisation before undertaking any of the following:
(a) a transaction from an account kept by the local government body with a financial institution;
any other type of expenditure;
any future financial commitments.
(5) If the financial controller believes on reasonable grounds that a decision, resolution or order to make a payment is financially unsound, the financial controller must:
refuse to make a payment; and
(b) advise the CEO of the Agency and the local government body about why the decision, resolution or order is financially unsound.
In this section:
financially unsound, in relation to a decision, resolution or order, means the decision, resolution or order:
may cause the local government body to become insolvent; or
(b) would result in unlawful expenditure by the local government body; or
(c) would result in a disbursement from a fund that is not provided for in the local government body's budget; or
(d) would result in expenditure from grant moneys for a purpose other than the purpose for which the grant was given.
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