Asbestos-Related Diseases (Occupational Exposure) Compensation Act 2011
160Financial statements
Start here
Get a plain-English read of 160
Turn the raw legal text into a practical explanation grounded in Asbestos-Related Diseases (Occupational Exposure) Compensation Act 2011.
160 Financial statements
(1) The Commissioner is to keep accounts and records of the Commissioner's financial affairs.
(2) Within 45 days after the end of each financial year, the Commissioner is to –
(a) prepare the financial statements of the Commissioner relating to that financial year; and
(b) provide them to the Auditor-General.
(3) The financial statements are to be in accordance with the Australian Accounting Standards.