Administrative Requirements

TPP21-14, the NSW Government Financial Risk Management Policy, supports NSW Government Entities in identifying and managing their financial risks.

Outlines requirements for government businesses to maintain a capital structure that meets the Government’s expectations while making appropriate dividends and capital repayments.

Detailed OutlineThis Direction applies to the procurement of goods and services of any kind, including construction, by a government agency within the meaning of the Public Works and Procurement Act 1912 (the Act) except as noted.

In November 2018, the Legislation Review Committee tabled its report into the operation of the Legislation Review Act 1987.

The purpose of this Treasury Policy Paper is to provide guidance and outline NSW Treasury’s requirements for applying AASB 9 Financial Instruments and AASB 132 Financial Instruments: Presentation by agencies, including: general requirements for the classification, recognition and measurement of financial instruments in accordance with AASB 9 and AASB 132 (sections 2 to 6) restrictions on the use of the following categories of financial instruments: fair value designation option (sections 3.4.3 and 4.1); fair value through other comprehensive income of equity instruments designation option (section 3.3) guidance and requirements regarding accounting for: impairment for expected losses (section 7) hedge accounting (section 8).