sec.203BCouncil to obtain copy of audited financial statements of controlled entities

sec.203B Council to obtain copy of audited financial statements of controlled entities

This section applies if the financial statements of a controlled entity of the council are audited under the Auditor-General Act 2009 . The council must obtain a copy of the audited financial statements of the controlled entity from— the controlled entity; or if the controlled entity is subject to the control of another entity and the other entity is subject to the control of the council—the other entity. The mayor must present the copy of the audited financial statements at the next ordinary meeting of the council. The council must ensure that, within 14 days after the copy of the audited financial statements is presented at the meeting, the copy is, or a link to the copy is, published on the council’s website. s 203B ins 2020 SL No. 244 s 14 (sec.203B-ssec.1) This section applies if the financial statements of a controlled entity of the council are audited under the Auditor-General Act 2009 . (sec.203B-ssec.2) The council must obtain a copy of the audited financial statements of the controlled entity from— the controlled entity; or if the controlled entity is subject to the control of another entity and the other entity is subject to the control of the council—the other entity. (sec.203B-ssec.3) The mayor must present the copy of the audited financial statements at the next ordinary meeting of the council. (sec.203B-ssec.4) The council must ensure that, within 14 days after the copy of the audited financial statements is presented at the meeting, the copy is, or a link to the copy is, published on the council’s website.

• (a) the controlled entity; or
• (b) if the controlled entity is subject to the control of another entity and the other entity is subject to the control of the council—the other entity.