PacLII Home | Databases | WorldLII | Search | Feedback

Papua New Guinea Sessional Legislation

You are here:  PacLII >> Databases >> Papua New Guinea Sessional Legislation >> Public Finances (Management) (Amendment) Act 2003

Database Search | Name Search | Noteup | Download | Help

  Download original PDF


Public Finances (Management) (Amendment) Act 2003

INDEPENDENT STATE OF PAPUA NEW GUINEA


Public Finances (Management) (Amendment) Act 2003.

No. 12 of 2003.

Certified on: 25.11.2003

Operation: 7.4.2004


ARRANGEMENT OF SECTIONS.

1. Interpretation (Amendment of Section 2).
2. Repeal and replacement of Section 10.

"10. PUBLIC ACCOUNTS."

AN ACT

entitled

Public Finances (Management) (Amendment) Act 2003,

BEING an Act to amend the Public Finances (Management) Act 1995,

MADE by the National Parliament to come into operation in accordance with a notice in the National Gazette by the Head of State, acting with, and in accordance with, the advice of the Minister.

1. INTERPRETATION (AMENDMENT OF SECTION 2).

(1) Section (2) of the Principal Act is amended

(a) by inserting after the definition of "fiscal year" the following new definition:-
(b) by repealing the definition of "the Public Account" and replacing it with the following:-
(c) by repealing the definition of "Trust Fund" and replacing it with the following:-

2. REPEAL AND REPLACEMENT OF SECTION 10.

Section 10 of the Principal Act is repealed and is replaced with the following:-

"10. PUBLIC ACCOUNTS.
(1) There shall be a Public Account for each of -
(2) A Public Account established by Subsection (1) shall consist of

I hereby certify that the above is a fair print of the Public Finances (Management) (Amendment) Act 2003 which has been made by the National Parliament.

Clerk of the National Parliament.

I hereby certify that the Public Finances (Management) (Amendment) Act 2003 was made by the National Parliament on 16 July 2003.

Acting Speaker of the National


PacLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.paclii.org/pg/legis/num_act/pfa2003304