Responsibilities

1) The responsible authority for a budget sector agency is responsible for the following –

a) the effective, efficient and economical management of the agency;

b) ensuring the proper administration by the agency of an appropriation administered by it;

c) ensuring that money and property of or under the control of the agency are properly accounted for;

d) the setting of fees or charges for agency revenue, subject to the Finance Instructions and any other relevant written law;

e) the collection of agency revenue and state revenue so far as the revenue relates to the functions of the agency or the agency is otherwise responsible for its collection;

f) the authorisation of expenditure in relation to the agency;

g) the maintenance of an effective system of internal control for money and property;

h) the preparation and provision of annual corporate plans for the agency;

i) the preparation of annual reports and financial statements for the agency;

j) the issue of a finance manual for the agency;

k) compliance by the agency with applicable requirements of this Act, the regulations and the Finance Instructions;

l) any other responsibilities assigned by or under other provisions of this Act or other written laws.

2) This section does not authorise the responsible authority for a budget sector agency to vary the amount of fees or charges or of any other agency revenue that is set by a written law.

(Financial Management Act 2004 s(28))