institution or institutions as the Minister determines. 15 Accounts of departments S. 15(1) amended by No. 11/2001 s. 3(Sch. item 26.3). (1) A department may, with the approval in writing of the Minister, and in accordance with such terms and conditions as the Minister determines, open and maintain an account with an authorised deposit-taking institution or institutions. S. 15(2) amended by No. 11/2001 s. 3(Sch. item 26.4). (2) Unless the Minister otherwise determines in writing, an account opened under this section does not form part of the Public Account. S. 15(3) amended by No. 11/2001 s. 3(Sch. item 26.4). (3) Money must not be withdrawn from an account opened under this section except in accordance with the regulations and directions. S. 16 amended by No. 11/2001 s. 3(Sch. item 26.4). 16 Receipt of public money A person who collects or receives public money must, in accordance with the regulations and directions, daily or at such intervals as the Minister determines, pay the money into the Public Account or an account opened under section 15. 17 How money is to be issued (1) Public money forming part of the Consolidated Fund may be drawn from the Public Account only in accordance with this section. (2) The Minister, as often as occasion may require during a financial year, must— (a) calculate the amount of public money likely to become due and payable out of the Public Account during that financial year; and
(a) an amount equal to that amount of money is deemed to have been appropriated to that Account; and (b) the Minister may issue the amount out of the Consolidated Fund and apply it for the purpose of that Account. S. 23(4) amended by No. 1/1998 s. 8. (4) Money in the Working Account of a nominated department may be expended for the provision of such outputs by the nominated department, and on such conditions, as are agreed between the Minister administering this section and the Minister responsible for the nominated department. (5) In this section, nominated department means a department, or part of a department, that— S. 23(5)(a) amended by No. 1/1998 s. 8. (a) provides outputs to the public or an authority or public body; and S. 23(5)(b) amended by No. 1/1998 s. 8. (b) receives fees for those outputs that, in the opinion of the Minister, are not less than the cost of providing the outputs; and (c) is declared by the Minister to be a nominated department for the purposes of this section. _______________
(c) must be repaid with interest during the financial year in which the temporary advance is obtained. (4) The interest on a temporary advance under this section shall be at a rate not exceeding that for the time being fixed by order of the Minister and shall be chargeable upon the Consolidated Fund, which is to the necessary extent appropriated accordingly. (5) If, in a financial year, money received in the Consolidated Fund is insufficient to provide for the repayment of a temporary advance in whole or in part during that year, the temporary advance or part not repaid shall be repaid out of money received into the Consolidated Fund during a succeeding financial year. 40 Annual budget estimates (1) The Minister must prepare, in association with the annual appropriation Bills, a statement of information under departmental headings setting out— (a) a description of the goods and services to be produced or provided by each department during the period to which the statement relates, together with comparative information for the preceding financial year; S. 40(1)(b) amended by No. 1/1998 s. 12(1)(d)(i). (b) a description of the amount available or to be available to each department during the period to which the statement relates, whether appropriated by the Parliament for that purpose or otherwise received or to be received by the department, together with comparative figures for the preceding financial year;
S. 45(3) amended by Nos 93/1997 s. 28(Sch. item 13), 53/1999 s. 24(3)(c). (3) Subsection (2) does not apply to a public body that is not required under the Audit Act 1994 or any other Act to have its financial statements or accounts audited by the Auditor-General. S. 45(3A) inserted by No. 53/1999 s. 24(4). (3A) A public body or the relevant Minister of a department must submit the report of operations of the public body or department (as the case may be) to the Auditor-General as soon as practicable after it has been prepared. S. 45(4) amended by Nos 46/1998 s. 7(Sch. 1), 108/2004 s. 117(1) (Sch. 3 item 77.2). (4) The financial statements of an Administrative Office within the meaning of the Public Administration Act 2004 (other than the Environment Protection Authority) must be incorporated in and consolidated with the financial statements for that financial year of the department. S. 45(5) inserted by No. 53/1999 s. 24(5). (5) This section does not apply to the Victorian Auditor-General's Office. S. 46 amended by No. 75/1994 s. 7(3), substituted by No. 43/1995 s. 4. 46 Tabling requirements S. 46(1) substituted by No. 42/1997 s. 6. (1) Subject to subsections (2) and (3), the relevant Minister of a department or public body must cause the report of operations and audited financial statements of the department or public body for a financial year to be laid before each House of the Parliament after the end of that financial year and before the end of the next following fourth month of the year or on the first
S. 59(1)(f) substituted by No. 1/1998 s. 15(1)(a). (f) the management and disposal or writing off of the assets (other than money) and liabilities of the State and the recording of and accounting for those assets and liabilities; (g) prescribing forms for the purposes of this Act or the regulations; (h) the method of dealing with and accounting for securities coming into the possession of an accountable officer or other person; S. 59(1)(i) substituted by No. 75/1994 s. 9(2)(b), amended by No. 1/1998 s. 15(1)(b). (i) systems and procedures for the purchase and supply of goods and services for or on behalf of the State; (j) generally prescribing any other matter or thing required or permitted by this Act to be prescribed or necessary to be prescribed to give effect to this Act. S. 59(1A) inserted by No. 1/1998 s. 15(2), amended by No. 26/2006 s. 10(c). (1A) For the avoidance of doubt, the power to make regulations under subsection (1) extends to regulations with respect to money in a Trust Account in the Trust Fund that is established by or under another Act. (2) The regulations— (a) may be of a general or limited application; (b) may differ according to differences in time, place or circumstances; (c) may confer a discretionary authority or impose a duty on a specified person or class of person;