a mechanism used to record amounts in the Consolidated Revenue Fund that are set aside for a particular purpose

an account in the general fund where the authorization to spend money from the account is located in an Act other than a Supply Act. 1.3

Balances existing within the Consolidated Revenue Fund (CRF) that are supported by standing appropriations (Financial Management and Accountability (FMA) Act 1997, ss.20 and 21). Special accounts allow money in the CRF to be acknowledged as set-aside (hypothecated) for a particular purpose. Amounts credited to a Special Account may only be spent for the purposes of the Special Account. Special Accounts can only be established by a written determination of the Finance Minister (s.20 FMA Act) or through an Act of Parliament (referred to in s.21 of the FMA Act).

An account which has a reportable position in either futures or futures options. See also Reporting level.

A Special Account is an account established by the Finance Minister under section 20 of the Financial Management and Accountability ( FMA) Act, 1997, or by another Act, used to record moneys received or expended for designated purposes.