Financial and Performance Management Standard 2019
sec.49Annual reports of newly formed departments or statutory bodies
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sec.49 Annual reports of newly formed departments or statutory bodies
A newly formed department’s accountable officer must, under section 46 , prepare the newly formed department’s annual report (the department’s first annual report ) for the period from the department’s formation day until the end of the financial year in which the department was formed. A newly formed statutory body must, under section 46 , prepare the statutory body’s annual report (the statutory body’s first annual report ) for the period from the statutory body’s formation day until the end of the financial year in which the statutory body was established. Subsection (4) applies if the formation day for the department or statutory body is within 4 months before the end of a financial year for the department or statutory body. The Treasurer or a nominated officer for this section may give approval for the department or statutory body to prepare its first annual report for the period from the department’s or statutory body’s formation day until the end of the financial year after the financial year in which the department or statutory body was formed or established. Before giving an approval under subsection (4) , the Treasurer or nominated officer must consult with— the auditor-general; and the Premier. If the Treasurer or a nominated officer gives an approval under subsection (4) , the appropriate Minister for the newly formed department or newly formed statutory body must table in the Legislative Assembly a notice stating— the department or statutory body was formed or established; and the annual report from the formation day to the end of the financial year will be prepared and tabled as part of the annual report for the next financial year. (sec.49-ssec.1) A newly formed department’s accountable officer must, under section 46 , prepare the newly formed department’s annual report (the department’s first annual report ) for the period from the department’s formation day until the end of the financial year in which the department was formed. (sec.49-ssec.2) A newly formed statutory body must, under section 46 , prepare the statutory body’s annual report (the statutory body’s first annual report ) for the period from the statutory body’s formation day until the end of the financial year in which the statutory body was established. (sec.49-ssec.3) Subsection (4) applies if the formation day for the department or statutory body is within 4 months before the end of a financial year for the department or statutory body. (sec.49-ssec.4) The Treasurer or a nominated officer for this section may give approval for the department or statutory body to prepare its first annual report for the period from the department’s or statutory body’s formation day until the end of the financial year after the financial year in which the department or statutory body was formed or established. (sec.49-ssec.5) Before giving an approval under subsection (4) , the Treasurer or nominated officer must consult with— the auditor-general; and the Premier. (sec.49-ssec.6) If the Treasurer or a nominated officer gives an approval under subsection (4) , the appropriate Minister for the newly formed department or newly formed statutory body must table in the Legislative Assembly a notice stating— the department or statutory body was formed or established; and the annual report from the formation day to the end of the financial year will be prepared and tabled as part of the annual report for the next financial year.