sec.24Return by CAA

sec.24 Return by CAA

A CAA must, by the day prescribed by regulation for each year, give to the Minister a written return for the previous year (the previous year )— containing an audited statement of the amounts received by it under section 8 in the previous year, interest received on the amounts and the expenditure of the amounts; and containing an audited statement of its Capital Assistance Fund showing details of the amounts paid to and from the fund in the previous year and the financial position of the fund at the beginning and end of the previous year; and giving the following details for each capital project for which the approved authority of an eligible non-State school listed with the CAA received or retained capital assistance in the previous year— a description of the project; whether or not the project was completed in the previous year; the amount spent on the project as at the end of the previous year; the amount, if any, held on account of the project at the end of the previous year; the amounts, and sources of the amounts, used to fund the project; and containing an assessment of the scheme provided for by this Act including the effectiveness of the assessment criteria mentioned in sections 16 (1) (a) and 19 (1) (a) ; and stating any other information prescribed by regulation. The audit mentioned in subsection (1) must be carried out by a person registered as an auditor under Part 9.2 of the Corporations Act and approved by the Minister. s 24 amd 2001 No. 45 s 29 sch 3 ; 2004 No. 44 s 17 (sec.24-ssec.1) A CAA must, by the day prescribed by regulation for each year, give to the Minister a written return for the previous year (the previous year )— containing an audited statement of the amounts received by it under section 8 in the previous year, interest received on the amounts and the expenditure of the amounts; and containing an audited statement of its Capital Assistance Fund showing details of the amounts paid to and from the fund in the previous year and the financial position of the fund at the beginning and end of the previous year; and giving the following details for each capital project for which the approved authority of an eligible non-State school listed with the CAA received or retained capital assistance in the previous year— a description of the project; whether or not the project was completed in the previous year; the amount spent on the project as at the end of the previous year; the amount, if any, held on account of the project at the end of the previous year; the amounts, and sources of the amounts, used to fund the project; and containing an assessment of the scheme provided for by this Act including the effectiveness of the assessment criteria mentioned in sections 16 (1) (a) and 19 (1) (a) ; and stating any other information prescribed by regulation. (sec.24-ssec.2) The audit mentioned in subsection (1) must be carried out by a person registered as an auditor under Part 9.2 of the Corporations Act and approved by the Minister.