The Queensland Government is now in a caretaker period until after the state election. Minimal updates will be made to this site until after the election results are declared.

Local government financial arrangements

The Statutory Bodies Financial Arrangements Act 1982 (SBFA Act) requires local governments to obtain the Treasurer’s approval before entering into particular financial arrangements.

A local government proposing to enter into such an arrangement must provide the Department with complete details of the proposal and a request that the Department seeks any necessary approvals on its behalf.

Please note that the SBFA Act does not provide for retrospective approvals.

Key resources

For a general overview of the SBFA Act, please refer to Queensland Treasury’s Statutory Bodies Financial Arrangements Act 1982: Operational Guidelines.

Local governments are responsible for familiarising themselves with the requirements of the SBFA Act, including seeking their own legal advice. For additional information or assistance, please contact:

Local Government Division
lgborrowings@dsdilgp.qld.gov.au

Last updated: 28 Jul 2023