Financial Sector Reform (Queensland) Act 1999
sec.42Auditor-general to report on funds
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sec.42 Auditor-general to report on funds
This section applies when the audit of the final financial statements of QOFS, including the financial statements for the Credit Unions Contingency Fund, under the Financial Administration and Audit Act 1977 is completed. The auditor-general must give the Minister a written report about whether the Credit Unions Contingency Fund and the Supervision Fund were applied for the purposes for which they were established and under sections 38 and 39. (sec.42-ssec.1) This section applies when the audit of the final financial statements of QOFS, including the financial statements for the Credit Unions Contingency Fund, under the Financial Administration and Audit Act 1977 is completed. (sec.42-ssec.2) The auditor-general must give the Minister a written report about whether the Credit Unions Contingency Fund and the Supervision Fund were applied for the purposes for which they were established and under sections 38 and 39.