124Annual reports and financial statements for div 9.7

124 Annual reports and financial statements for div 9.7 division 9.7 authority means a division 9.7 authority that has ceased to exist. financial year––see the Annual Reports (Government Agencies) Act 2004, section 6 (3). relevant financial year, for a division 9.7 authority, means a financial (a) beginning before the handover day for the authority; and (b) for which a report had not been presented by the authority under the Annual Reports (Government Agencies) Act 2004, section 6 (Annual report of public authority) before the handover day. responsible Minister, for a division 9.7 authority, means the Minister who was the responsible Minister for the authority immediately before it ceased to exist. (2) The responsible Minister for a division 9.7 authority must present an annual report for the authority for each relevant financial year. (3) An annual report under subsection (2) must include anything that the annual report would have been required to include before handover day for the division 9.7 authority.

Additional provisions for restructuring of certain territory authorities Division 9.7 (4) The applied provisions of part 8 (Financial provisions for territory authorities) apply in relation to a division 9.7 authority in relation to any period before the handover day as if— (a) the authority had not ceased to exist; and (b) a reference in section 63 and section 68 to the authority included a reference to the responsible Minister for the authority; and (c) a reference in section 64 and section 69 to the relevant person for the authority included a reference to the responsible Minister for the authority; and (d) a reference in section 65 and section 70 to the chief executive officer of the authority included a reference to the responsible Minister for the authority; and (e) all other necessary changes were made; and (f) any changes prescribed by regulation were made. (5) For subsection (4), the applied provisions of part 8 are the following: • section 63 (Annual financial statements of territory authorities) • section 64 (Responsibility for annual financial statements of territory authorities) • section 65 (Audit of annual financial statements of territory authorities) • section 66 (Annual financial statements of territory authorities to be included in annual reports etc) • section 68 (Statements of performance of territory authorities) • section 69 (Responsibility for territory authority statements of • section 70 (Scrutiny of territory authority statements of • section 71 (Territory authority statements of performance to be included in annual reports).