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ARTICLE · 01 JULY 2012

FMA Act amended in response to Williams High Court decision

DLA Piper Australia
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The amendments will provide authority to support government spending potentially at risk after the Williams decision.

AustraliaGovernment, Public Sector
David Fintan
David Fintan

Further to last week's update about the High Court's decision in Williams v Commonwealth of Australia & Ors [2012] HCA 23 (Williams), you should know that on Wednesday 27 June 2012 the Financial Framework Legislation Amendment Bill (No. 3) 2012 (Bill) was passed by both houses of Parliament.

The Bill is a direct response to the High Court's decision, and will amend the Financial Management and Accountability Act 1997 (Cth) (FMA Act) to provide legislative authority to support spending considered to be at risk, or potentially at risk, following the High Court's decision.

The amendments to the FMA Act will commence the day the amending Act receives the Royal Assent.

The Bill can be accessed here.

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