64Responsibility for annual financial statements of territory

64 Responsibility for annual financial statements of territory (1) An annual financial statement of a territory authority must have a statement of responsibility attached to it. (a) state that, in the relevant person’s opinion, the annual financial statements fairly reflect— (i) the financial operations of the authority during the (ii) the financial position of the authority at the end of the year; and (b) state the relevant person’s responsibility for the preparation of the annual financial statements and the judgments exercised in preparing them; and (c) be signed by the relevant person. auditor-general gives the relevant person an audit opinion for the financial statement in accordance with section 65. relevant person, for the territory authority, means—