24IAnnual reports for Fund

24I Annual reports for Fund

24I Annual reports for Fund

(1) The Minister must produce an annual report on the activities of the Fund during each financial year, including—

(a) payments in and out of the Fund, and

(b) details of investments.

(2) The annual report must also set out the aggregate value, at the end of the financial year, of interests in property under each shared equity scheme.

(3) The Treasurer may specify the following—

(a) the form of the report,

(b) matters relating to valuation requirements, including how an aggregate value is to be calculated for the purposes of subsection (2),

(c) other information to be included in the report.

(4) The report must include an audit of the Fund by the Auditor-General, which includes an assessment of whether payments from the Fund have been made in accordance with this Act.

(5) The report is to be made publicly available within 6 months after the end of the financial year to which it relates.

(6) The annual report must be tabled in each House of Parliament within 6 months after the end of the financial year to which it relates.

s 24I: Ins 2022 No 63, Sch 2[2].