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Finance Circular 2003/08

Bank Accounts: Removal of Trust Accounts and Creation of Special Public Money (SPM) Accounts

Purpose

This Finance circular advises Australian Government entities, which are subject to the Financial Management and Accountability Act 1997 (FMA Act) of a change in the concept and use of the term "trust account" and "exempt trust account" in the financial framework.

Full Publication

Bank Accounts: Removal of Trust Accounts and Creation of Special Public Money (SPM) Accounts PDF version [PDF Document 41 KB]
Bank Accounts: Removal of Trust Accounts and Creation of Special Public Money (SPM) Accounts RTF version [RTF Document 1 MB]

Copyright Notice

© Commonwealth of Australia 2003
This work is copyright. You may download, display, print and reproduce this material in unaltered form only (retaining this notice) for your personal, non-commercial use or use within your organisation. Apart from any use as permitted under the Copyright Act 1968, all other rights are reserved. Requests and inquiries concerning reproduction and rights should be addressed to Commonwealth Copyright Administration, Attorney General’s Department, Robert Garran Offices, National Circuit, Barton ACT 2600 or posted at http://www.ag.gov.au/Aboutthedepartment/Pages/Contactus.aspx [External Site]


Contact for information on this page: banking.policy@finance.gov.au


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Last Modified: 11 September, 2013