Australian Capital Territory Numbered Regulations

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FINANCE REGULATIONS (NO. 8 OF 1989) - REG 45

45. (1) Subject to subregulation (2), an advance or portion of an advance, other than an advance referred to in paragraph 42 (g), (h) or (i) may, with the approval of the authorising officer, be transferred to a person other than the person to whom the advance was made.

(2) An advance, or portion of an advance, shall not be transferred under subregulation (1) to a person other than a person to whom the advance could have been made.

(3) For the purposes of subregulations 43 (1) and (2) and regulations 47, 48 and 49, a person to whom an advance, or portion of an advance, is transferred under subregulation (1) shall be deemed to be the person to whom that advance, or that portion of an advance, as the case may be, was made.

Records of advances



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