Queensland Consolidated Acts Queensland Consolidated Actsaccountable officer means the person who is, or is appointed as, an accountable officer under section 65, 66 or 67.
administered items means items of expenditure of a department—
(a) for non-departmental services of the department; or
(b) for the acquisition of assets over which the department has no control but which the department administers for the State; or
(c) for the discharge of liabilities the department undertakes to discharge for the State even though the liabilities were not incurred by the department; or
(d) for other purposes for which the funds are merely transferred through the departmental accounts of the department even though the department is not responsible for the purposes.
administered receipt see section 7(1).
annual appropriation Act see section 6(1).
annual appropriation Acts see section 6(4).
annual financial statements means—
(a) for a department—general purpose financial statements; and
(b) for a statutory body—
(i) if the Treasurer decides the way in which the financial statements for the statutory body are to be prepared, financial statements prepared in that way; or
(ii) otherwise—general purpose financial statements.
annual report means a report prepared and given under section 63 to the appropriate Minister for a department or statutory body.
appropriate Minister means—
(a) for the department comprised of the Legislative Assembly and parliamentary service—the Premier; or
(b) for the Office of the Governor—the Premier; or
(c) for any other department—the Minister administering the department; or
(d) for a statutory body—the Minister administering the Act under which the statutory body is established; or
(e) for an entity controlled by a department or statutory body—the Minister administering matters connected with the entity.
appropriation means an amount appropriated by an Act.
appropriation Act means an Act that authorises amounts to be paid from the consolidated fund to departments in a financial year.
auditor-general means the Queensland Auditor-General under the Auditor-General Act 2009.
auditor-general's report see section 14(1).
chief finance officer see section 77(1).
consolidated fund means the consolidated fund continued in existence under section 16.
consolidated fund account see section 17(1).
consolidated fund financial report see section 23(1).
consolidated whole-of-government financial statements see section 25(1).
controlled receipt see section 7(2).
department—
(a) generally—see section 8; or
(b) for part 3, division 4—see section 38.
departmental accounts see section 69(1).
departmental financial institution accounts see section 83(1).
departmental services means discrete services or other products, including policy advice, delivered by a department.
derivative transaction see Statutory Bodies Financial Arrangements Act 1982, the schedule.
equity adjustment, for a financial year, means either of the following—
(a) an equity injection to a department for the financial year, including a negative amount;
(b) an equity withdrawal from a department for the financial year, including a negative amount.
equity injection, to a department, means an amount provided under an annual appropriation Act to the department for increasing the State's net asset holding in the department.
equity withdrawal, from a department, means an amount stated in an annual appropriation Act as the equity withdrawal from the department.
expenditure means—
(a) generally, the payment of moneys; and
(b) for ministerial offices, expenditure for the following—
(i) salaries and related payments;
(ii) administrative costs;
(iii) capital expenses, including depreciation.
Examples for subparagraph (ii)—
costs of communication, consumables, maintenance, rent, travel
financial and performance management standard means a standard made under section 57.
financial year means—
(a) for an entity for which a period is stated as its financial year by the Act under which the entity is established or another law—the period; or
(b) otherwise—a period of 12 months beginning on 1 July.
full year report see section 12(1)(b).
further 2 weeks, for a financial year, means the 14 days after the end of the financial year.
further 4 weeks, for a financial year, means the 28 days after the end of the financial year.
general purpose financial statements, for a department or statutory body, means financial statements prepared by the department or statutory body under the prescribed accounting standards, to the extent the standards apply to the department or statutory body.
half year report see section 12(1)(a).
heading, for a department, means each of the following to which the department's vote may be applied—
(a) departmental services of the department;
(b) administered items of the department;
(c) equity adjustment of the department.
head of internal audit see section 78(1).
internal control means the methods adopted within an entity to—
(a) safeguard its assets; and
(b) check the accuracy and reliability of its accounting information; and
(c) secure compliance with the prescribed requirements that apply to the entity.
ministerial offices means the offices maintained for Ministers and their staff.
moneys includes—
(a) negotiable instruments; and
(b) securities of any kind for the payment of moneys.
moneys received from an investment includes—
(a) moneys received as interest, or another form of earnings on the investment, while the investment continues; and
(b) moneys received at the maturity of the investment or on its liquidation.
negotiable instrument means an instrument ordering or authorising the payment of moneys, if the instrument may be lodged with a financial institution enabling the financial institution to collect moneys payable on the instrument and credit them to an account with the financial institution.
Examples of negotiable instruments—
bills of exchange, payment orders, money orders and promissory notes
non-departmental services means discrete services or other products including policy advice that, under an ordinary annual appropriation Act, are delivered by a statutory body or another entity that, under section 8(3), is part of a department.
non-public moneys means moneys received or held by the Treasurer, an accountable officer or other officer or employee of a department in the course of his or her official duties, but not received or held for the State.
notice means written notice.
official secretary means the person holding the position of official secretary of the Office of the Governor.
ordinary annual appropriation Act see section 6(2).
other property means property, other than public property and non-public moneys, held by the Treasurer, an accountable officer or another officer or employee of a department in the course of his or her official duties.
other resources includes employees.
parent entity means an entity that controls another entity.
parliamentary annual appropriation Act see section 6(3).
parliamentary service means the parliamentary service established by the Parliamentary Service Act 1988, section 23.
prescribed accounting standards see section 59(6).
prescribed requirements means requirements prescribed under this Act, another Act or a financial and performance management standard.
public moneys means—
(a) moneys received or held by a person for the State; and
(b) moneys that, under this Act or another Act, are directed to be paid to, or to form part of, the consolidated fund or a departmental financial institution account, other than non-public moneys.
public property means all property other than public moneys and other property held by a person for or on behalf of the State.
quarter, of a financial year starting on 1 July of the year, means 1 of the following—
• 1 July to 30 September in the year
• 1 October to 31 December in the year
• 1 January to 31 March in the year
• 1 April to 30 June in the year.
Queensland Investment Corporation means QIC Limited ACN 130 539 123.
Queensland Treasury Corporation means the corporation sole continued in existence under the Queensland Treasury Corporation Act 1988, section 5.
receive includes collect.
special payments includes ex gratia expenditure and other expenditure that is not under a contract.
statutory body see section 9.
Treasurer means—
(a) as an individual—the Minister who administers this Act; or
(b) otherwise—the corporation sole continued in existence under section 53.
Treasurer's approval means an approval of the Treasurer under part 3, division 4.
Treasurer's consolidated fund bank account see section 18(1).
Treasurer's consolidated fund investment account means the account by that name mentioned in section 17(1)(b).
Treasurer's consolidated fund operating account means the account by that name mentioned in section 17(1)(a).
Treasurer's general approval see section 40(1).
Treasurer's specific approval see section 41(1).
treasury department means the department in which this Act is administered.
treasury offset account means the account established under section 49(1)(a).
treasury offset bank account means the account established under section 49(1)(b).
under-Treasurer means the chief executive of the treasury department.
unforeseen expenditure see section 35(2).
vote, for a department, means the total amount appropriated for the department by an annual appropriation Act adjusted, if necessary, to take account of an amount paid under section 34.