Australian Capital Territory
Financial Management (Territory Authorities) Guidelines 2012 (No 1)
Disallowable instrument DI2012–4
made under the
Financial Management Act 1996, s133 (Guideline-making power)
EXPLANATORY STATEMENT

Outline
These guidelines are issued in accordance with section 133 of the Financial Management Act 1996 (the Act).
This instrument, Financial Management (Territory Authorities) Guidelines 2012 (No 1) prescribes the entities that are territory authorities.
This guideline has been amended to include the Land Development Agency on the list of territory authorities which need to comply with Part 8 of the Act.  The Land Development Agency was inadvertently omitted from the list when the Act was amended to move the list of territory authorities in Part 8 from the Act to the Financial Management Guidelines.
This instrument is taken to have commenced on 1 July 2011.
Details of the Financial Management (Territory Authorities) Guidelines 2012 (No 1)
Clauses 1 and 2 are formal requirements.  They refer to the name and the commencement date.
Clauses 3 prescribes the entities that are territory authorities.
Clause 4 revokes the Financial Management (Territory Authorities) Guidelines 2011, which is replaced by provisions made under this guideline.
End