Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts31. (1) The responsible Chief Executive of a department shall be accountable to the responsible Minister of the department for the efficient and effective financial management of the department.
(2) The responsible Chief Executive of a department shall be responsible under the responsible Minister, for ensuring—
(a) that the moneys spent by the department are within the appropriations made for the department;
(b) that the operations of the department during a financial year give a financial result at the end of the year that is in accordance with the estimates contained in the budget papers for that year relating to the department;
(c) that the officers and employees of the department comply with the requirements of this Act and the financial management guidelines;
(d) that proper accounts and records are kept of the transactions and affairs of the department in accordance with generally accepted accounting practice;
(e) that adequate control is maintained over the assets of the department and assets in the control of the department; and
(f) that adequate control is maintained over the incurring of liabilities by the department.