152EFinancial statements

#### 152E Financial statements 152E Financial statements > > (1) The New South Wales Aboriginal Land Council must— > > > > > (a) prepare financial statements for the financial year, and > > > > > (b) give the prepared statements to the Auditor-General for auditing. > > > (2) The prepared statements must be given to the Auditor-General within the following period after the end of the financial year— > > > > > (a) 2 months, > > > > > (b) if the regulations prescribe a different period—the prescribed period. > > > (3) The financial statements must— > > > > > (a) be prepared in accordance with the Australian Accounting Standards and other requirements specified by this Act or the regulations, and > > > > > (b) present fairly the Council’s financial position, financial performance and cash flows. > > > (4) The financial statements must include a statement by the New South Wales Aboriginal Land Council as to whether the statements comply with subsection (3). > > **s 152E:** Ins 2022 No 68, Sch 4.1\[21\].