Financial Management Act 2006
Financial Management Amendment Regulations 2023
Western Australia
Financial Management Amendment Regulations 2023
Contents
1.Citation1
2.Commencement1
3.Regulations amended1
4.Regulation 5 amended1
Financial Management Act 2006
Financial Management Amendment Regulations 2023
Made by the Governor in Executive Council.
These regulations come into operation as follows —
(a)regulations 1 and 2 — on the day on which these regulations are published on the WA legislation website;
(b)the rest of the regulations — on the day after that day.
These regulations amend the Financial Management Regulations 2007.
(1)In regulation 5(1) insert in alphabetical order:
Western Australian Treasury Corporation means the Western Australian Treasury Corporation established under the Western Australian Treasury Corporation Act 1986 section 5(1).
(2)In regulation 5(1) in the definition of Standard & Poor’s delete “name.” and insert:
name;
(3)After regulation 5(2) insert:
(2A)This regulation applies to an investment on deposit with the Western Australian Treasury Corporation.
(4)In regulation 5(6):
(a)in paragraph (a) delete “an “A” rating” and insert:
a “BBB” rating
(b)in paragraph (b) delete “an “A2” rating” and insert:
a “Baa2” rating
V. MOLAN, Clerk of the Executive Council
© State of Western Australia 2023. This work is licensed under a Creative Commons Attribution 4.0 International Licence (CC BY 4.0). To view relevant information and for a link to a copy of the licence, visit www.legislation.wa.gov.au. Attribute work as: © State of Western Australia 2023. By Authority: GEOFF O. LAWN, Government Printer