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Legislative Assembly for the ACT: 1999 Week 9 Hansard (2 September) . . Page.. 2902 ..


Department of

Treasury and Infrastructure

The new Department of the Treasury and Infrastructure will report to Mr Humphries and will be formed by amalgamating the Office of Financial Management with the Office of Asset Management. The new structure is outlined in Attachment C

The new department will have three core components as set out below.

Treasury Group

The Treasury Group will be responsible for financial management, budget management, revenue management, and economic management and source Economic Research services as required.

Infrastructure and Asset Management Group

The Infrastructure and Asset Management Group will incorporate all the current responsibilities of the Office of Asset Management with the addition of the Government Business Enterprise oversight functions.

The Capital Projects unit of the former Office of Business Development and Tourism will be absorbed into the Asset Management Group.

Office of Financial Probity Advisor

The Office of Financial Probity Advisor will have responsibility for probity advising and review of major projects, financing arrangements and investments and will report directly to the Treasurer.

The operation of the Central Financing Unit and the Superannuation Fund Investment Unit are to be reviewed by Bernie Fraser and their reporting arrangements will be resolved in that review process.


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