Western Australian Numbered Acts

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FINANCIAL MANAGEMENT ACT 2006 (NO. 76 OF 2006) - SECT 47

47 .         Terms used in this Division

                In this Division —

        “loss” means —

            (a)         in relation to official money — a loss of or deficiency in money; or

            (b)         in relation to official property — the value of, or the cost of repairing or replacing, as the case requires, property that is lost, destroyed or damaged;

        “official money” means —

            (a)         in relation to a statutory authority — statutory authority money and other money; or

            (b)         otherwise, public money and other money;

        “official property” means public property and other property;

        “relevant authority” means —

            (a)         in relation to a loss incurred by a statutory authority — the statutory authority; or

            (b)         in relation to a loss otherwise incurred — the State.



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