22Annual financial statements of the Territory

22 Annual financial statements of the Territory (1) The under treasurer must, as soon as practicable after the end of a financial year, prepare annual financial statements for the Territory for that year. (2) The statements must be prepared in accordance with accounting standards and include— (b) a statement of the accounting policies adopted by the Territory; and (c) the other statements that are necessary to fairly reflect the financial operations of the Territory during the year and its financial position at the end of the year.