Finance Circular 2003/08
Bank Accounts: Removal of Trust Accounts and Creation of Special Public Money (SPM) Accounts
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.
Bank Accounts: Removal of Trust Accounts and Creation of Special Public Money (SPM) Accounts PDF version [ 41 KB]
Bank Accounts: Removal of Trust Accounts and Creation of Special Public Money (SPM) Accounts RTF version [ 1 MB]
© Commonwealth of Australia 2003
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