60Annual report for financial year in which transition time occurs

60 Annual report for financial year in which transition time occurs

(1) This item applies if the transition time occurs during a financial year.

(2) The first annual report prepared by the System Governor under section 599 of the new Act must, for the part of the financial year before the transition time, include information about the matters that would have been covered by an annual report referred to in section 63‑2 of the old Act if the old Act had not been repealed by this Act.