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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

Last updated: 28 Jul 2023