Financial Management Act 2016

The Treasurer is to issue instructions in respect of the principles, practices and procedures to be observed in the financial management of all Agencies.

Instructions issued under subsection (1) have effect unless they are inconsistent with this Act or any Act, subordinate legislation or direction referred to in the definition of written law in section 3.

Treasurer's Instructions may be issued – so as to apply – at all times or at a time specified in the Treasurer's Instructions; or to all Agencies or to Agencies specified in the Treasurer's Instructions; and so as to confer a discretionary authority on a person or body or a class of persons or bodies specified in the Treasurer's Instructions.

It is the duty of each accountable authority and officer to comply with any requirement of the Treasurer's Instructions that is applicable to that accountable authority or officer.

Treasurer's Instructions are not statutory rules within the meaning of the Rules Publication Act 1953.

Despite subsection (4) and sections 16, 18(4) and 42(2), Treasurer's Instructions do not apply to, or in relation to, an Agency, or an accountable authority, specified in Part 2 of Schedule 1.