19
CurrentCash management
Part 2Governance
Division 4Resource management
19 Cash management
(1)
A department’s accountable officer or a statutory body must manage the department’s or statutory body’s cash in accordance with the cash management system established for the department or statutory body under section 11(1)(d).
(2)
Without limiting section 11, the cash management system must provide for—
(a)
the prompt—
(i)
identification, collection, payment and investment of cash; and
(ii)
recording of transactions involving cash; and
(b)
if the cash management system is for a department—the provision of timely and reliable cash flow forecasts to the treasury department.
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