Documents Library

TC19-03 Recurrent Expenditure Assurance Framework

The Recurrent Investor Assurance Framework (RIAF) issued under Treasury Circular 17-11 is being renamed as the Recurrent Expenditure Assurance Framework (REAF). There are no changes to the scope, protocols or application of the framework.

Archived, withdrawn or superseded NSW Treasury Circulars

Table listing the archived, withdrawn or superseded NSW Treasury Circulars and reason for archiving with details of any specific replacement administrative requirements.

Also refer to the Administrative Requirements Portal (ARP) - see link from the above Documents & Resources menu bar.

TC19-02 Guide to Better Regulation

Agencies must demonstrate that all new and amending regulatory proposals meet the better regulation requirements outlined in the Guide to Better Regulation (TPP19-01).

TC19-01 Agency Guidelines for the 2018-19 Mandatory Early Close

This Circular applies to all NSW public sector agencies, including State Owned Corporations, and withdraws and supersedes the previous NSW Treasury Circular Mandatory Early Close procedures for 2017-18 (TC17-12).

TC18-18 Agency Recouping of Merchant Interchange Fees

A cost of acceptance is incurred by government agencies and State-Owned Corporations (SOC’S) when they accept card payment from customers.

NSW Government agencies are required to apply the rules issued under Standard No. 3 of 2016, ‘Scheme rules relating to merchant pricing for credit, debit and prepaid card transactions’ (RBA Standard No. 3), issued by the Reserve Bank of Australia (RBA), when recovering the cost of acceptance.

This Circular replaces Treasury Circular 12/13 ‘Agency recouping of merchant interchange fees’.

TC18-17 FY18-19 Timetable for Agency Asset Valuations

This Circular outlines the recommended timetable for asset valuations undertaken by NSW public sector entities, including Statutory State Owned Corporations, for financial years ending on or after 30 June 2019.

TC18-16 - Small Agency Exemption to TPP15-03

Agencies that comply with the terms below are exempt from complying with the Internal Audit and Risk Management Policy for the NSW Public Sector (TPP15-03) in respect of 2017-18.

TC18-15 Industrial Relations - Meal, Travelling and other Allowances for 2018-19

Various expense and work-related allowances in the Crown Employees (Public Service Conditions of Employment) Reviewed Award 2009 are adjusted annually. This Circular supersedes and replaces Treasury Circulars TC17-10 and TC18-14 Review of Meal, Travelling and other Allowances.
 

TC18-13 Accounting for Long Service Leave and Annual Leave

This Treasury Circular outlines the accounting treatment for long service leave, annual leave and related on-costs applicable to NSW public sector agencies (including Statutory State Owned Corporations) for financial years ending on or after 30 June 2018. This Circular withdraws and supersedes Treasury Circular TC15-09 Accounting for Long Service Leave and Annual Leave.

TC18-12 Industrial Relations - Crown Employees Wages Staff (Rates of Pay) Award 2018

The Industrial Relations Commission has made a new Crown Employees Wages Staff (Rates of Pay) Award 2018 which increases wages and wage related allowances by 2.5 per cent from the first full pay period on or after 1 July 2018. Agencies should process the adjustments to wages and allowances. See the appendix to this circular - Wage Rates Tables. This Circular applies to all Agencies employing staff under the Crown Employees Wages Staff (Rates of Pay) Award 2018. It supersedes the previous circular TC17-09.