Queensland Consolidated Acts

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RIVER IMPROVEMENT TRUST ACT 1940 - SECT 12A

12A Trust may make certain arrangements about its accounts

(1) A trust may, by resolution, enter into a written arrangement with a local government to use the accounts, and the accounting systems, of the local government if—

(a) at least 1 of the local government's councillors is a member of the trust; and
(b) the trust is satisfied it will achieve operational efficiencies under the arrangement.

(2) If a trust enters into an arrangement, the funds established under section 12 must be included with the local government's accounts and accounting systems and, at least once a month, are to be reconciled to ensure the funds consist of the moneys mentioned in the section.

(3) This section applies despite a contrary provision under the Financial Accountability Act 2009 or Statutory Bodies Financial Arrangements Act 1982.



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