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Financial and Performance Management Standard 2019
sec.57Information to be contained in reports about derivative transactions— Act , s 86
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sec.57 Information to be contained in reports about derivative transactions— Act , s 86
For section 86 (2) of the Act , a report about a derivative transaction administered by a department must contain the following information— details adequate to identify the transaction; a statement of the underlying exposure the department is using the transaction to hedge against; details of— the Treasurer’s approval for the transaction; and how the conditions of the Treasurer’s approval are being complied with; and realised or unrealised gains or losses from the transaction.
- (a) details adequate to identify the transaction;
- (b) a statement of the underlying exposure the department is using the transaction to hedge against;
- (c) details of— (i) the Treasurer’s approval for the transaction; and (ii) how the conditions of the Treasurer’s approval are being complied with; and (iii) realised or unrealised gains or losses from the transaction.
- (i) the Treasurer’s approval for the transaction; and
- (ii) how the conditions of the Treasurer’s approval are being complied with; and
- (iii) realised or unrealised gains or losses from the transaction.
- (i) the Treasurer’s approval for the transaction; and
- (ii) how the conditions of the Treasurer’s approval are being complied with; and
- (iii) realised or unrealised gains or losses from the transaction.