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

• General approval to enter into a lease

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