Commitment of relevant money

An activity or decision of a non-corporate Commonwealth entity (NCE) that results in an obligation on the Commonwealth to pay relevant money. This may involve entering into an arrangement.  Commitments include obligations that are contingent upon certain events occurring, such as indemnities, guarantees and warranties.

Accountable authorities of NCEs may approve commitments, or delegate or authorise in writing another person to do so.

Did you find this content useful?